Thanks for continuing to highlight this huge discrepancy. The IMF needs to come clean on this issue. It's critical for the consistency of IMF external analysis, spillover views, multilateral surveillance & frankly how the Fund should assess the Chinese econ in its A4s.
Brad Setser
Brad Setser8.8. klo 22.50
China continues to show why the IMF made a mistake in recommending that countries use internal survey data rather than the (verifiable) customs goods data to construct the balance of payments. The customs surplus was up in q2, the reported Bop surplus was down ... 1/
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