China’s financial globalization is multi-pronged. One key element is build up of dollar/fx liabilities (money owing/debts) in private Chinese balance sheets, which reached peak in 2014 at just shy of $1.5trn. Stable since 2018 at c. $1.3trn.
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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,…