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Calpers may hire China’s foreign-exchange regulator as its investment chief

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An official with China’s foreign-exchange regulator is the lead candidate to become next investment chief of the largest U.S. public pension fund, according to people familiar with the matter.

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How about Calpers refund assets to “investors” and close up shop.

Sounds like a horrible idea

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Japan needs China's business and pacified US-China relationsOperating under an American defense umbrella, Japan is a direct participant in a turbulent U.S.-China relationship, Michael Ivanovitch writes. They both look glum Bet that TPP deal is starting to look better and better right about now. Too bad realDonaldTrump would never let the black President be right about something. Ever.
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