The Financial Times seems to have found an obviously non-commercial investment by a sovereign state. And it didn’t come from a sovereign fund. China’s State Administration of Foreign Exchange seems…

Martin Wolf’s column – “The prudent will have to pay for the profligate” – focuses on the need for the broad public to help out some who took large risks in the boom, whether individuals who borrowed…

One of the biggest economic and political stories of this decade has been China’s emergence as the world’s biggest creditor country. At least in a ‘flow” sense. China’s current account surplus i…