Extraordinary FT report on how China became a maritime superpower.
https://ig.ft.com/sites/china-ports/
Chartbook 238: Making & remaking the most important market in the world. Or why everyone should read Menand and Younger on Treasuries.
September 8, 2023
“The market for U.S. government debt (Treasuries) forms the bedrock of the global financial system. The ability of investors to sell Treasuries quickly, cheaply, and