China-US financial (de)coupling: Looking at the right numbers
The China-US relationship is critically important to the world, and it is in flux. Whereas analysis of the relationship in terms of trade in goods rests on a reasonably firm empirical basis, the numbers for investment and financial flows are shrouded in distortions and misperceptions, not least because of the significant role played by offshore financial centers. We will discuss cross-border finance based on pioneering work on redrawing the map of global capital flows by Brent Neiman and his coauthors.
Joining this episode of Financial Statements were:
Senior Fellow, Peterson Institute for International Economics (PIIE)
- Brent Neiman
Edgar Eagle Browne Professor of Economics, Chicago Booth School of Business
- Joseph E. Gagnon
Senior Fellow, PIIE
ABOUT THIS SERIES
Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.