Brad Setser says Asian government pension funds like Japan’s GPIF and South Korea’s NPS are key drivers of market pricing. He also says China’s external asset accumulation is running at about a $600 billion annualized pace, above IMF projections.
published
Brad Setser says Asian government pension funds like Japan’s GPIF and South Korea’s NPS are key drivers of market pricing. He also says China’s external asset accumulation is running at about a $600 billion annualized pace, above IMF projections.
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