Extract from an interview with Michael Pettis [professor of finance at Peking University in Beijing] on the Daily Ticker talking about China’s economy, which he claims is not headed for disaster, but will necessarily slow as the economy rebalances. Full HD interview can be watched here: http://finance.yahoo.com/blogs/daily-ticker/plenty-things-worry-china-bird-flu-not-one-174030450.html
Filed under: China & HK, Economy Tagged: debt growth, GDP growth, rebalancing