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China's Balance of Payments Data Does Not Add Up

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  • Dec 8, 2022
  • #China #Economics
Brad Setser
@Brad_Setser
(Author)
www.cfr.org
Read on www.cfr.org
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China's current balance of payments data doesn't quite make sense. Significant and poorly explained gaps exist between the reported BoP data and the underlying source data. China's... Show More

China's current balance of payments data doesn't quite make sense. Significant and poorly explained gaps exist between the reported BoP data and the underlying source data. China's economy is so big …

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Michael Pettis @michaelxpettis · Dec 9, 2022
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1/2 Very helpful new piece by @Brad_Setser on large discrepancies in China's balance of payments data. These suggest among other things that we may know less about PBoC currency intervention and Chinese capital outflows than we think. [link] via @CFR_org
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