The Evolution of China’s International Investment Position: From Reserve Accumulation to Reserve Issuance

ASEAN+3 Macroeconomic Research Office Version 1 original current

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Keynote Speech by Dong He1 Chief Economist, AMRO CICC Global Institute Macro Forum October 13, 2026 | Bangkok   I. Introduction Distinguished colleagues, ladies and gentlemen, Thank you for the opportunity to discuss China’s changing external financial relations. China’s global trade role is well established, but its international financial presence remains more limited. …

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