NYT: Why the recovery may not take hold, round two. 
 
WaPo: Harold Meyerson asks, where is the recovery, anyway? 

The auto sector: autoworkers putting bonuses into savings (WSJ), Audi may add a U.S. manufacturing plant (DN), and GM adds a shift for its Chevy Volt (DFP).

Gary Locke leaves big shoes to fill at the Commerce Department (Politico).   How China views Locke (FT).  Trade Ambassador Ron Kirk, who has been mentioned as the next Commerce Secretary, testifies before the Senate Finance Committee today on the Administration’s trade agenda (SFC). 

As China may report a smaller trade surplus today, thanks in part to the lunar new year (Bloomberg), Rebecca Wilder says “it’s pretty obvious” how China can tame inflation: raise the value of its currency. 
 
FT: John Plender calls China “a neurotic trillionaire, stuck on a treadmill”.