On the “mystery" of China’s fx recycling this is very interesting by @endacurran Both @Brad_Setser & @michaelxpettis Point to key

On the “mystery" of China’s fx recycling this is very interesting by @endacurran
Both @Brad_Setser & @michaelxpettis
Point to key role of banks in handling the currency flows. bloomberg.com/news/articles/… https://t.co/f70DOi5zFC

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