Bloomberg Take China and technology, put them together, and what do you have? One of the best performing exchange-traded funds in the world. The tiny $48 million Emerging Markets Internet and E-commerce ETF, or EMQQ, is up 32 percent this year, putting it among the 30 top returning equity ETFs worldwide. The fund is just a fraction of BlackRock …

  Bloomberg China’s foreign-exchange reserves rose for a third month in April, beating estimates, as tighter capital controls kept money from flowing out of the country and the yuan was stable. Reserves climbed $20.45 billion to $3.03 trillion, the People’s Bank of China said on Sunday, compared with a median estimate of $3.02 trillion in a Bloomberg survey of economists. …

  Bloomberg Western Australia will get a A$2.3 billion ($1.7 billion) road-and-rail infrastructure package in this week’s federal budget, the national government said on Sunday. A little over half of the funds will be spent on the state’s Metronet rail project, with the rest to pay for smaller road and bridge projects. About A$1.86 billion of the money will come …