For better or for worse, I have been trying to track the evolution of the foreign currency balance sheet of China’s state banks for a very long time. Remember the use of foreign currency reserves to ...

Today, the Ministry of Economy and Labour released the 2025 Q2 Balance of Payments & International Investment Position publication. The Minister explained, “Bermuda’s trade with non-residents resulted ...

China’s GDP statistics are widely thought to be, well, works of performance art. Targets, once set, are almost always met. GDP—apart from the pandemic years—smoothly glided upward. And since China ...

The balance of payments is a double-entry accounting system that's based on corresponding debits and credits. Its purpose is to record payments and receipts from the residents of one country with ...