Michael Pettis explains why debt is not the problem, but the symptoms of China's economic woes

Michael Pettis explains why debt is not the problem, but the symptoms of China's economic woes


Share

Michael Pettis of Carnegie China says we are beginning to see the impact of China’s high debt-to-GDP levels and the country will need another source of real growth if the “rapid expansion” of infrastructure comes to an end.



Source link

About The Author

Scroll to Top