China in 2017: A Year of Uncertainty
The paper discusses a wide range of issues facing China’s economy in 2017, from the selection of Xi Jinping’s successor, to relations with U.S. President Donald Trump, to the outlook for China’s One Belt One Road initiatives in Asian infrastructure development. China’s currency volatility should continue this year, but geopolitical risks to its economy may be overstated.
Adjusting to a Sustained Low-Yield Environment
Unorthodox monetary policies, low and negative interest rates, and other factors such as aging demographics have led to an ongoing hunt for yield. The result has brought even risk-averse investors further and further out on the risk spectrum. This paper, Adjusting to a sustained low-yield environment examines the issues.