Treasury navigates shoals of administration, GPI 2019 London launch
Commentary: Treasury navigates administration shoals
By Mark Sobel in Washington
The latest instalment of the US Treasury’s semi-annual foreign exchange report is certainly more interesting than previous iterations, for better or worse. It reads as if Treasury managed to navigate the shoals of the administration for another six months and steer clear of a ‘currency manipulator’ designation. Unsurprisingly, China is front and centre, with the report launching into tough rhetoric. But there is a disconnect between the summary’s tone and the sections on international economics and China.
Read the full commentary on the website.
Meeting: Global Public Investor 2019 London launch
Wednesday 19 June, London, 17:15 BST
The Global Public Investor is devoted to public sector asset ownership and management around the world, with the aim of spreading best practice among central banks, sovereign funds and public pension funds.
For the launch of the sixth annual Global Public Investor in London, Barings and OMFIF are inviting guests to an evening reception with presentations on emerging market urbanisation, with special emphasis on China.
Request to attend the meeting.