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 …

My recent blog post "Where is the Lebanese Zelensky" elicited an interesting response suggesting that it is international support, not Lebanese voices opposing Hezbollah, that's missing today. 

Trade relations between the United States and China have provided enormous benefits to both countries. But a growing U.S. trade deficit, China’s regulation of its currency, and concerns over intellec…