Columnnist

William Pesek

Bloomberg View columnist

Author of 'Japanization.' Bloomberg View columnist, pop culture junkie, wine lover not a fighter, believer in virtues of wanderlust.

William Pesek
15 Sep 2015

How Fed rate hikes will wean Asian economies off China

In 2008, Asian economies had good reason to race to decouple from the struggling West. The collapse of Lehman Brothers and subsequent contagion sent export-dependent countries in search of a more reliable customer. Not surprisingly, they latched onto China.

15 Sep 2015
25 Aug 2015

All credibility lost

China's ailing economy and its retrograde politics now seem likely to kill off Hong Kong's exalted international reputation sooner than expected.

25 Aug 2015
17 Aug 2015

Yuan drop a blow for Abenomics

Among the clearest casualties of China's devaluation is the Bank of Japan. The chances were never high that governor Haruhiko Kuroda was going to be able to unwind his institution's aggressive monetary experiment anytime soon. But the odds are now lower than even sceptics would have previously believed.

17 Aug 2015
13 Aug 2015

The optimistic view

China's surprise devaluations are certain to stir fear and loathing but it was time Beijing stopped propping up the yuan and face the economic risks.

13 Aug 2015
12 Aug 2015

Malaysia's currency woes finally catch up with it

Malaysia's ongoing currency crash has many causes: a worsening global outlook, plunging commodity prices and, of course, the political scandal enveloping Prime Minister Najib Razak. But the real culprit is the year 1997.

12 Aug 2015
20 Jul 2015

By some accounts, China is the biggest economic risk

The international ratings agency Fitch was downplaying concerns last week that Chinese stocks are a systemic risk to global markets. Many investors, however, are far less sanguine.

20 Jul 2015
9 Jul 2015

China follows Japan's approach to a stock bubble

In any discussion of historical precedents for China's ongoing battle with stock traders, Japan's epic "price-keeping operations" deserve pride of place.

9 Jul 2015
7 Jul 2015

China's new rules risk creating subprime economy

Everyone knows the Chinese government is desperate to keep stocks from crashing. But this desperate?

7 Jul 2015