We are introducing a new publication, which we are calling Global Macro Views . This product aims to complement existing IIF research, by discussing b
We estimate that non-resident portfolio inflows to emerging markets rose to USD21 billion in May All four EM regions saw portfolio inflows in May, wit
China has experienced massive capital outflows in the past two years, this vicious circle weakened economic confidence and heightened domestic financi
In the months since the election, the ability of Dollar moves to explain USD/CNY fixings is down sharply.' We interpret this regime change as a de fa
China's total debt (ex-financials) now tops 265% of GDP, marking a sharp rise from 140% in 2008. Heavily indebted non-financial corporates in China ar