South China Sea Ruling: 5 Things to Know

China’s South China Sea ambitions have been denied! The ruling by a United Nations Convention on the Law of the Sea tribunal in the Hague said China’s claims to the South China Sea have “no legal basis.” Is this a victory for the Philippines? The United States? Or will this lead to war?…

What Chaos in China’s Markets Means for the World… and You

It’s been an ugly start to the year for China, with Chinese stocks in Hong Kong falling to global financial crisis lows. To make things worse, Chinese officials seem befuddled about how to respond to the financial turmoil. Bloomberg Businessweek’s Peter Coy takes a look at how China’s mess affects the world, and explains why the U.S. economy is still relatively insulated.…

Is China Using the Yuan to Fund a Currency War?

China’s yuan led the biggest two-day selloff in Asian currencies since 1997, fuelling concern that financial-market volatility will curb global economic growth and a possible “currency war” if other countries devalue exchange rates to stay competitive in global export markets.…