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Blogs

Follow the Money

Brad Setser tracks cross-border flows, with a bit of macroeconomics thrown in.

Latest Post

Could Maria’s Legacy Be a New Debt Trap for Puerto Rico?

I do not envy the task facing Puerto Rico’s Oversight Board.   Read More

November 7, 2018

China
China Should Import More China Should Import More

China's low of level of imports of manufactures stands out, and China 2025 would reduce imports further

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October 30, 2018

China
Where Will the Yuan Go Next?  China's Big Choice Where Will the Yuan Go Next? China's Big Choice

China could widen the trading band around its currency in response to Trump's tariffs, but that wouldn't give it full policy autonomy. It would still need to defend the new edge of any trading band.

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October 24, 2018

China
The Treasury Foreign Currency Report Should Not Be the China Currency Report The Treasury Foreign Currency Report Should Not Be the China Currency Report

There are countries in Asia that could credibly be charged with "manipulating" their currencies. China currently is not one of them.

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