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The article reports that China continues to be the major powerhouse and stabilizer of the world economy and is willing to share opportunities for sustainable growth with its trade partners. Topics include during the 1997 Asian financial crisis, China stated to have maintained a stable exchange rate of the yuan, and China stated to have taken only three years to complete the process of establishing the China-ASEAN Free Trade Zone.

The article explores the influx of Chinese tourists to Southeast Asia. The trend is attributed to the region's islands, ancient temples, cuisine and the weakness of currencies. In 2017, China was the biggest source of tourists to the island city-state. Indonesia has relaxed its visa rules in order to attract more Chinese tourists.

The article offers information on an exhibition on the Asian financial crisis at Museum Siam in Bangkok until July 2, 2017. It discusses the borrowing behavior of the Asian countries and its impact on liabilities in instances of decrease in exchange rates. It also mentions need to neutralize capital inflows including central bank purchases of foreign-exchange reserves.

The article reports on global economic expansion and prosperity. The author focuses on the implications of increased integration in world economy in almost all regions of Europe, Asia, and the United States. The effects on the growth of global markets, large economies like China is the main focus as capital flows continue to build up from foreign exchange rates.

The article discusses America's current-account deficit and a prediction that the dollar will decline sharply. The dollar's latest slide seems to have been triggered by uncertainty about the presidential election and a flurry of comments from Fed officials. The dollar has fallen by over 30% against the euro since 2001, but its trade-weighted index has fallen by much less because of heavy intervention by Asian central banks, aimed at holding down their currencies against the dollar. Some economists argue that America can sustain its large current-account deficit for at least another decade, without a sharp fall in the dollar, because it will be happily financed by China and other Asian countries. In a series of papers Michael Dooley, David Folkerts-Landau and Peter Garber at Deutsche Bank have argued that the present arrangements resemble a revived Bretton Woods, the system of fixed exchange rates after the second world war. Currency intervention by Asian central banks helps to explain why America has so far been able to finance its deficit without higher American bond yields or a bigger fall in the dollar. George Magnus, an economist at UBS, argues that the parallels with Bretton Woods are superficial. One big difference is that in the 1960s the United States ran a current-account surplus and was a net creditor to the rest of the world. Today, America is the world's biggest debtor, which could undermine the dollar's role as an anchor currency. Another important difference is that, unlike under the Bretton Woods regime, most Asian countries have scrapped capital controls or where they still exist, as in China, they are leaky. Under Bretton Woods there was no real alternative to the dollar as a reserve currency. Today there is the euro, into which Asians could diversify.

This article looks at the latest economic and financial indicators. As expected, America's Federal Reserve left interest rates unchanged at 1.0%. Britain's central bank also met expectations, but by raising its base rate a quarter point, to 4.25%. America's ISM index of manufacturing activity fell slightly in April to 62.4 while the ISM service-industry index rose to 68.4 in April from 65.8 in March, better than expected. Producer prices in the euro area rose by 0.4% in the year to March, down from a rate of 2.4% a year earlier. Oil prices rose to nearly $40 a barrel, the highest level in more than 13 years. Coverage of more statistics on economic forecasts of money and interest rates, market indicies and trade, exchange rates and budgets.

The author claims that Asian central banks have prevented the U.S. dollar from falling even more dramatically than it has in recent months, but warns that Asian banks may seek to diversify their holdings. The dollar did pop up briefly on December 9th, after the Bank of Japan apparently intervened to stop the yen rising, but the Japanese central bank has already spent some $168 billion on dollars this year, and the yen has climbed by 11% against the American currency. Perhaps the yen would have risen by more had the Bank of Japan spent less: this week the euro was up by 42% from its lowest point against the dollar and sterling was at its highest since being ejected from Europe's exchange-rate mechanism in 1992. The dollar has been weakening even as America's economy has been picking up sharply. The health of the economy may now be part of the dollar's problem. Americans save so little that their spending must be financed by foreigners, which is why the country's current-account deficit has been rising so swiftly, to half a trillion dollars or so. Until recently, this foreign investment was largely of a private nature; however, as concerns about the scale of the deficit have mounted, private flows have dried up somewhat and central banks have been topping up the stream. Jim O'Neill, Goldman's chief economist, thinks that central banks will increasingly wake up to the benefits of diversification.

Presents an interview with Japan's former deputy finance minister Gyohten Toyoo, regarding the internationalization of the yen and the stabilization of the yen-dollar exchange rate. Causes of the lack of progress in these issues; Lessons from the Asian financial crisis; Japan's economic assistance to Asian countries. INSET: Untitled (Institute for International Monetary Affairs)..

Presents information on the improvements in the economies of Asian countries that suffered from an economic crisis in 1998. Financial panic subsiding; Stocks rising; Interest rates falling; Currencies stabilizing against the American dollar; How the sustained fall of the dollar will help East Asian economies; Improvement in current-account balances.

This article refutes the claim of the "Wall Street Journal" that a fixed exchange rate will solve all economic problems. According to the journal, a better solution for currency problems is a currency board or a gold standard because these systems have the ability to fix the exchange rates and have a central bank at the same time. However, many Asian countries are facing economic problems as of November 1997, despite having fixed exchange rates or a currency board. The problem with fixed exchange rate systems is the fact that they are incompatible with government policies. A fixed exchange rate system is more efficient in countries possessing the same rate of inflation.

Looks at the currency situation in some of Asia's booming economies and comments on the impact of foreign capital on the traditional reluctance of these economies to let their currencies appreciate. Information about exchange rates in Hong Kong, Singapore, Taiwan, Malaysia and Thailand from 1993 to 1995; More.

The article discusses the economic conditions in Asia. The Asian economies have showed more signs of economic recovery than any other region following the global financial crisis but their currencies are severely undervalued and this calls into question exchange rates. The Chinese yuan was 21% above the American dollar in 2008 but as of October 2009 it is valued the same and its trade-weighted value has dropped 10%.

This article focuses on the currency exchange rates of Asian currencies and the American dollar. When the yen-dollar exchange rate goes through one of its occasional gyrations, smaller Asian currencies wobble too. Since the G7 rich countries called for greater exchange-rate flexibility in September, the yen and the dollar have parted company, ending more than a year of trading between ¥115 and ¥125 to the dollar. At first, the South Korean won and the Thai baht followed the yen up. Now both, coaxed by their monetary authorities, have veered closer to the dollar. Unlike Canada, most of whose trade is with the United States, Thailand and South Korea sell only about a fifth of their exports to America. Research by Ronald McKinnon of Stanford University and Gunther Schnabl of Tübingen University suggests that they maintain "soft pegs" to the dollar, stabilising exchange rates daily or weekly. The authors contend that such small, open economies, bobbing on flows of foreign capital, want a link to the dollar to help stabilise prices at home and dampen the currency risk of borrowing abroad.