The real effective exchange rate of the renminbi benchmarked against its 5 year average -> despite the recent appreciation it is not overvalued.
@PantheonMacro via @SoberLook https://t.co/FnVIkGTsff
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,…