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Yuan Devaluation: Is a Currency War on the Horizon?

After decades of the renminbi’s so-called domestic devaluation strategy and appreciation overseas, suddenly in August 2015 the currency began to slump, and reached a level that is regarded as “depreciation” for the first time in several years. As a matter of fact, when the Central Bank of China (PBoC) announced…
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Bahamas Trusts and Foundations

It’s a little-known fact that the world’s first Common Law country to pass legislation for private foundations was the Bahamas. It was 2004, and the Caribbean island nation had already established a reputation for creating innovative financial structuring solutions, and it was decided that the private foundation would be introduced…
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Trust and Foundations Opportunities for Chinese Families and HNWIs

When this last report was published, China’s economy was experiencing a slowdown during global economic uncertainties. But now it has become a fact that China’s economy is decelerating. Authorities have set the GDP target for 2015 at 7.0%, but some influential analysts and economist have stated that China’s economy growth…
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