I sometimes think I see weeds when others see green shoots, and green shoots when others see weeds. Most analysis of China’s April trade data focused on the negative. Export demand wasn’t particu…

The good news in the latest World Bank China Quarterly: One. China is growing, thanks to China’s government. The World Bank estimates that the government’s policy response will account for abou…

The world’s sovereign wealth funds almost certainly have less money than is commonly thought. And China almost certainly has even more money than is commonly thought -- or at least more money th…