Post by Michael Pettis: Great analysis of China's Q3 BoP data by Brad Setser, although worrying that the information is getti... - Upcarta

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Michael Pettis @michaelxpettis · Nov 4, 2022

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Great analysis of China's Q3 BoP data by Brad Setser, although worrying that the information is getting more opaque.

Tweet Nov 4, 2022

Chinas current account surplus rose, as expected, in the third quarter. The surplus now tops $400b/ is close to 2.5% of GDP. It also differentiates China from most of Asia -- China's surplus is up while its currency has clearly joined the general s

by Brad Setser

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