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Of the three approaches, methods 1 and 3, using currency shares and empirics respectively to adjust for currency valuation effects, result in robust relationships between changes in currency-adjusted FX reserves and the BOP surplus, whereas method 2 using forex purchases as an alternative proxy for adjusted FX reserves is inferior.
FORBES: How Much Longer Can China Accumulate Reserves?
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However, the researchers said that despite a lower number of invasive tests, the heavier reliance of this method on chorionic villus sampling earlier in pregnancy could actually mean an increase in the number of healthy babies lost if the miscarriage rate using this method was closer to 2%.
BBC: Down's test miscarriage warning
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With this method, Volkswagen easily outpaces the No. 2 automaker on the list, Toyota, which is recovering from a series of natural disasters and self-inflicted wounds, and No. 6 GM.
FORBES: VW Is Already The World's Leading Automaker