Posts Tagged ‘ michael pettis ’

Michael Pettis on China Slowdown

September 19, 2015
  • Michael Pettis has been writing about China for years. Looking for a sustained slowdown.
  • Sees little correlation between the stock market and real economy.
  • GDP growth target needs to fall below 7%. Lowering the growth target actually suggests confidence in economic transition.
  • Privatization steps crucial.

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