Michael Pettis On The 12 Implications Regarding Chinese Bad Debt

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Michael Pettis On The 12 Implications Regarding Chinese Bad Debt
Image source: Bloomberg Video Screenshot

Michael Pettis is Professor of Finance, Guanghua School of Management, Peking University, author of The Great Rebalancing: Trade, Conflict, and the Perilous Road Ahead for the World Economy,  Avoiding the Fall: China’s Economic Restructuring and The Volatility Machine: Emerging Economics and the Threat of Financial Collapse. Michael Pettis is out with his latest missive on China’s debt problems. Below is a small excerpt from Michael Pettis.

Also see China Akin To USSR In 1970s,1980s: Michael Pettis

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