Despite talk of uncoupling, “Cold War” etc, the relative inaction of PBoC in 2020 crisis, growing interest rate spread, fading memories of 2015 devaluation & strength of RMB -> foreign investors are moving into Chinese onshore assets, particularly bonds.
ft.com/content/4b4f1a… https://t.co/ZvX6MFwsR1
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…