Foreign assets of China’s commercial banks, net of liabilities, have soared by $125bn since April = an effective mechanism for preventing yuan appreciation whilst avoiding “official” intervention. @TheEconomist
citing @Brad_Setser economist.com/finance-and-ec… https://t.co/I9afPrqljx
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…