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Lots of countries, lots of businesses are plunging money into China.General Motors has this factory in Shanghai. The Park Hyatt is building this project in Beijing. It’s a process repeated thousands of times. And of course, China is also busy selling things overseas. So where does all this lead? Well, China has now built up foreign reserves of one trillion dollars. That’s a thousand billion, most of it in US currency, where even a small policy shift could throw global finance into chaos.

Drivers worldwide have praised Toyota for making what they consider low maintenance; high mileage vehicles. That formula is working in North America where the automaker is now thinking of building an eighth assembly plant, a move that could help ward off political pressure. But there has been growing criticism in the US over Toyota’s rising imports. One American politician from the heart of the American auto industry in Detroit says the Japanese carmaker benefits unfairly from state-run pension systems and a government that dabbles in the currency markets.