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Brad Setser
@Brad_Setser
CFR senior fellow. Views are my own. Writes on sovereign debt, trade, fx reserves and capital flows.
参加 May 2016
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Indeed. My work suggests China's current account surplus should have tracked the movement in its non gold customs surplus -- and thus the true surplus is $1.2 trillion/ 5.5% of GDP or so, 1.5 pp of GDP more than the reported 4 pp surplus
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