After more than a decade of accumulation, foreign exchange reserves have started to decline. Michala Marcussen, chief economist at Societe Generale Commercial and Investment Bank, tells John Authers how this reflects the rebalancing of the Chinese economy.
Company: FT Date added: 13-10-2015
Senior Investment Commentator at Financial Times John Authers
A 26-year veteran of the Financial Times, I have been writing the Long View column on investment since 2006. Over my time at the FT, I have covered banks and financial markets on both sides of the Atlantic, and enjoyed a successful stint running our bureau in Mexico City. I have won several awards, detailed below.
I also make frequent media appearances, with regular appearances as a guest host with CNBC in London, and as a panelist with the BBC World Service. The job also requires me to be a busy public speaker, both chairing panels and offering keynote speeches.
My book The Victim's Fortune, on the campaign for Holocaust survivors' restitution and written jointly with Richard Wolffe, was published by HarperCollins in 2002. The Fearful Rise of Markets, and its sequel Europe's Financial Crisis, were published by the FT Press in 2010 and 2012.