Kind of surprised that SAFE's former chief economist (SAFE manages China reserves) would use the most basic BoP accounting split (FDI, portfolio, other, reserves) to look at China's financial account
What changed
1/
https://t.co/IOEDcRh1Hj — via @Brad_Setser
Why it matters
Expert commentary on China reserves via BoP accounting split signals high-priority financial account analysis.