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The Most Important Thing

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D J

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expect much more of this to happen unless they devalue CNY @GetSelect #The Most Important Thing @RobinBrooksIIF @econchart
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Robin Brooks

Something big is happening in global capital flows. China (pink) is seeing big capital outflows, while the rest of EM gets inflows. Never happened before on this scale and reflects asset managers looking at China in a new light after Russia's invasion of Ukraine. With @econchart

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