Mysterious $111 Billion Payment Gap Is "Talk Of The Town"
Feb 23rd 2021 10:05pm EST
Mysterious $111 Billion Payment Gap Is “Talk Of The Town” A bizarre disconnect between yuan settlement data and the PBOC’s balance sheet has generated much interest among economists and market participants, according to Bloomberg’s Ye Xie who notes that until recently, when China Inc. posted a trade surplus, corporates sold the dollar proceeds to commercial banks. The […]
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