Horn, Sebastian; Reinhart, Carmen M.; Trebesch, Christoph - 2019 - This draft: July 3, 2019
Compared with China's dominance in world trade, its expanding role in global finance is poorly documented and understood. Over the past decades, China has exported record amounts of capital to the rest of the world. Many of these financial flows are not reported to the IMF, the BIS or the World...
