Foreign investment in Chinese fixed income is heavily skewed towards central gov bonds of which foreigners hold at least 8.5% in mid 2020 up from just 2.4% in February 2016 v. their share of corporate bonds, which is stuck around c. 0.7%.
bloomberg.com/news/features/… https://t.co/waFHf8djGa
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,…