Chinese economic data is often criticized for painting an overly optimistic and stable picture of economic conditions in the country. We find that China’s balance of payments (BoP) data generally lines up with “mirror” data reported by other countries, however. The correspondence holds on a broad basis: across trade in goods and services, portfolio investment, FDI and net other investment.
Read more in our latest substack written by our senior economist, Martin Lynge Rasmussen.
