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." …

China indicated its reserves have increased to $711 billion at the end of June -- up $101 billion from the end of December 2004. Actually, they are up more than that. China transferred $15 billion …

So argues Ben Bernanke.   His basic argument is very simple.  The emerging world now has a large and growing current account surplus that finances a large and growing current account defic…

I am – and probably always will be – a big Robert Rubin fan.  In my view, 100 bills with Rubin's signature should trade at a premium, not a discount.But Rubin doens seem to be as good a currency trad…

China's premier,  Wen Jiabao, has joined the chorus voicing concern about the dollar's recent weakness.   Cheng Siwei comments two weeks ago seem to reflect rather widespread worries among China's to…