EM borrowed c $145bn on international bond markets Jan-Sep & $630bn on domestic markets = + $135bn yoy. BUT on

EM borrowed c $145bn on international bond markets Jan-Sep & $630bn on domestic markets = + $135bn yoy.
BUT on NET and outside China flows have flatlined. China equities are main net positive item in “EM” category. Right? @RobinBrooksIIF @Brad_Setser
ft.com/content/99603e… https://t.co/K23f48nx48

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