China

Authored by Chris Hamilton via Econimica blog,

Authored by Valentin Schmid via The Epoch Times,

Seven was the line in the sand.

But the Chinese yuan never crossed that line vis-à-vis the U.S. dollar. It only crept up to 6.96 yuan per dollar on Dec. 16, 2016, before starting an impressive comeback, down to 6.5 in the middle of this year.

Last year was a bad one for the Chinese economy. Growth was slow, and the world was worried China would finally land the hard way, as many have been predicting for years.

Authored by Andrew Korybko via Oriental Review,

Pakistan is considering replacing the U.S. dollar with the Chinese yuan for bilateral trade between Pakistan and China, Pakistan's Minister for Planning and Development Ahsan Iqbal said according to Dawn Online and The Economic Times. Interior Minister Iqbal, who has been central to the planning and implementation of China-Pakistan economic ties, was reported discussing the proposal after unveiling a long-term economic development cooperation plan for the two countries, Reuters added.

Yesterday, we published a report about an incident involving South Korea, Japan and China that nearly escalated into a full-blown skirmish, as Japan and South Korea were forced to order intercepts of Chinese military aircraft as a squadron of fighters and bombers flew over the waters between South Korea and Japan - an area that has historically been off limits to Chinese aircraft. It wasn't until after the Chinese aircraft had dispersed that Chinese military commanders disclosed that the intrusion was part of a "military exercise."