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Is Debt Killing China?
Monday, August 3, 2015 - 10:55am | 381In a new report, Global Source Partners analyst Michael Pettis gave his take on China and voiced his concerns over the role that Chinese debt is playing in the nation’s slumping economy. Pettis sees a close relationship between debt level and growth rate and points out that many economists...
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Why China Needs To Implement Reforms Immediately
Monday, January 26, 2015 - 4:59pm | 406The Chinese government has been talking about reforms for quite some time. However, it has yet to bite the bullet and according to Michael Pettis, finance professor at Peking University, the time is running out for the government to deliver on its promises. Pettis was on CNBC Monday to discuss...