Pettis debunks China myths
Investment banker turned economics professor Michael Pettis has insights and forthright views on China. He has two main targets: the country’s cheerleaders and the one-note naysayers, arguing neither side understands the subtleties and complexities of the China debate.
Pettis worries that China’s stuck in a groove
Investment banker turned economics professor Michael Pettis speaks to Lawrence White about the risk of increased trade tensions, the difficulty of changing China’s growth model – and the thriving local rock music scene.
|"Shifting the model [towards domestic consumption] means undoing many of the policies that made China’s recent success in the first place"
Michael Pettis, Guanghua School of Management
SAT AT A sunlit table outside a Beijing coffee shop, cigarette in hand and dressed in checked shirt and jeans, Michael Pettis discusses the local music scene with lively, informed enthusiasm.