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Federal Reserve Bank of St. Louis: 'Partner Similarity and The Sectoral Evolution of China's Trade'
March 13, 2026
ST. LOUIS, Missouri, March 13 (TNSLrpt) -- The Federal Reserve Bank of St. Louis issued the following white paper (No. 1016-001) on December 31, 2026, entitled "Partner Similarity and The Sectoral Evolution of China's Trade."

Here are excerpts:

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We study how the sectoral composition of exports and imports shapes bilateral trade flows. Building on earlier similarity indices, we introduce the Partner Similarity Index (PSI), which measures . . .

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