China’s financial account is interesting, and not well understood. China’s state didn’t stop accumulating foreign assets when it stopped adding to its reserves – though with dollar rates now above ...
China’s reported current account surplus rose from $55 billion in the second quarter of 2024 ($220 billion annualized, or just over a percentage point of GDP) to $148 billion (just under $600 billion ...
China is increasingly embracing the mantle that comes with being a global superpower. Its rise is forcing the rest of the world to assess its credentials as a potential hegemon and a provider of ...
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