M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Here's Reuters on larger-than-expected fall in China's international reserves. Think of this as another illustration of the big dilemma facing developing countries with a lot fewer reserves: They're tempted to follow other countries in softening the economic pain felt by citizens; but they have less financial resilience for this. #economy #china #em #emergingmarkets #reuters
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