In China proper, Chau is betting on companies that can satisfy the country's growing domestic demand and consumer spending.

FORBES: One China, Many Choices

This absence of proper indices is the main reason why China still lacks a liquid market in derivatives.

ECONOMIST: China's financial markets

The trick, though, is to find the proper angle from which to view the debt of such issuers as China Development Bank, Gazprom, Hyundai Motor, Petroleos de Venezuela, and Telefonos Mexico.

FORBES: Is Emerging Markets Debt Cheap?

That birds are (according to the particular taste of the classifier) either the descendants of dinosaurs or actual, proper dinosaurs themselves is strongly supported by bones found in Germany and China.

ECONOMIST: Some 68m-year-old evidence that birds are dinosaurs

As entrepreneurial as they are, Mr Zhao observes, many small and mid-sized firms in China lack much of what is common in the West, in particular good management, proper accounting and savvy marketing.

ECONOMIST: Hony Capital wants to help Chinese firms go global

There is also every indication that the powers in Beijing recognise the importance of the rule of law and that its proper observance in the commercial arena is good for business and at the core of China's prosperity and stability.

ECONOMIST: Argentina's monetary policy

Their visit comes at a particularly delicate time, scarcely a month after the breakdown of the planned six-party talks (with U.S., China, Russia, Japan, North Korea and South Korea) that the White House insists is the proper venue for resolving the nuclear standoff.

CENTERFORSECURITYPOLICY: Deja vu all over again in North Korea