In an age when capital is plentiful from private sources and new donors like China, how will the Bank continue to be relevant to its hard window and newly-graduated clients?
Analysts are predicting that China will permit only small changes in the value of the yuan in the near term for window-dressing purposes, but might allow it to rise 5% to 10% over the coming year.
The latest spin, however, was that a nuke exercise soon, which the ruling Kim family has been consistently advised against even by ally China, actually would add to U.S. certainty because it would provide a window into where that program truly is.