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Cedric Chehab - 1
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☆ China's economy could be 'quite a bit larger' than the United States' by 2050, says Fitch Solutions
  + stars: | 2023-06-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's economy could be 'quite a bit larger' than the United States' by 2050, says Fitch SolutionsCedric Chehab, global head of country risk at Fitch Solutions, says China's economy will be a "little bit larger" than the United States' by 2037.
Persons: Cedric Chehab Organizations: Fitch Solutions Locations: United States
☆ Calls to move away from the U.S. dollar are growing — but the greenback is still king
  + stars: | 2023-04-24 | by ( Penny Chen | ) www.cnbc.com   time to read: +5 min
Kacper Pempel | ReutersCalls to move away from relying on the U.S. dollar for trade are growing. The U.S. dollar accounted for 58.36% of global foreign exchange reserves in the fourth quarter last year, according to data from the IMF's Currency Composition of Foreign Exchange Reserves (COFER). China is one of the most active players in this push given its dominant position in global trade right now, and as the world's second largest economy. The IMF estimates that Asia could contribute more than 70% to global growth this year. In the Middle East, major oil exporter Saudi Arabia has reportedly signaled it's open to trade in other currencies other than the greenback.
☆ Loss of U.S. dollar dominance would be a 'slow erosion,' not a 'paradigm shift': Fitch Solutions
  + stars: | 2023-04-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLoss of U.S. dollar dominance would be a 'slow erosion,' not a 'paradigm shift': Fitch SolutionsCedric Chehab of Fitch Solutions says it will take a long time for any single currency to "usurp" the dollar.
☆ Global markets are, from a technical perspective, approaching an inflection point, analyst says
  + stars: | 2023-01-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobal markets are, from a technical perspective, approaching an inflection point, analyst saysCedric Chehab, global head of country risk at Fitch Solutions, says they're "diverging from the macro picture."
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