M
ichael Pettis' blog on China's financial markets provides valuable insights into the country's economic situation. His analysis often highlights the disconnect between China's economic growth and its financial system, which is characterized by a large and growing debt burden.

    Pettis argues that China's financial markets are not accurately reflecting the country's economic reality, leading to misallocations of capital and inefficient investments. He also notes that the Chinese government's efforts to stimulate the economy through monetary policy have had limited success due to the country's rigid labor market and lack of effective fiscal policy tools.

    The NY Times Upshot has also covered China's financial markets, highlighting the risks associated with the country's high debt levels and its reliance on short-term funding. The Big Picture blog has similarly discussed the challenges facing China's financial system, including the need for greater transparency and more effective regulation.