Dollar dominant? Share of dollar denominated asset in China’s foreign reserves has fallen from 70% to just over 50 in last 15 years. Can this data be taken at face value? @Brad_Setser Are valuation effects in play? @bcaresearch via @SoberLook https://t.co/sDW9yY9gjQ
Emerging equity and debt markets (including China!) have attracted $1.1bn a day in net new money this week! Fastest ever.
Emerging equity and debt markets (including China!) have attracted $1.1bn a day in net new money this week! Fastest ever. ft.com/content/461eb3… https://t.co/Ao9Zrqw3KG