I suspect that the US is not prepared for the implications of a world where China’s reserves are rising fast enough to allow China to finance the purchase of one Unocal every month. I also would bet…

The Big Picture is right.  China's growth numbers are not to be trusted.   China's growth almost certainly slowed more than the government acknowledged in say 1998 and 1999, after the Asian crisis.  …

This publication is now archived. Introduction As President George Bush prepares to leave for state visits to Japan, Korea, China, and Mongolia November 15-21, the U.S. relationship with China …

The money quote in Bradsher's article in last Friday's New York Times comes from Matthew Crabbe: "The only US-produced items that I can think exist in large quantities in China are dollars bills." …

Three things to watch closely in 2006:The size of China's reserve increase.   Some say it is falling back from its recent $20 b or so monthly pace.  I am not convinced.   The amount of sterilization …