This Financial Times articles by Andrew Balls and Richard McGregor is worth reading.  It makes two key points:1. China did not give the US any hints what it plans to do next with its currency next.  …

The one trillion dollar mark is a perfect hook.  Richard McGregor's excellent story in today's FT is the first of no doubt many stories on China’s phenomenal stockpile of reserves. McGregor …

Stephen Jen sometimes says the darnedest things.  Not about currencies.   But about reserves. His estimates for oil reserve growth have been consistently on the low side.   Norway, the UAE and Kuwait…

China now exports more than it imports – a lot more.   Even most American economist are starting to recognize that the “China runs a surplus with the US but its overall trade is balanced” argument is…

Please allow me a bit of latitude.  China won’t add $500b to its reserves in 2007 for the simple reason that the central bank will sell some of its reserves to the state investment company.  Moreover…