M
ichael Pettis' blog on China's financial markets is a valuable resource for understanding the complexities of the country's economic landscape. His insights into the interactions between politics, economics, and finance provide a unique perspective on the challenges facing China.
Pettis highlights the risks associated with China's reliance on debt-fueled growth, which has led to a buildup of bad loans in the banking system. He also examines the impact of government policies on the economy, including the effects of state-owned enterprises and the role of local governments in driving investment.
The blog is part of the Econbrowser network, which aggregates economic commentary from around the world. It's a useful starting point for anyone looking to stay up-to-date on China's financial markets and the broader implications for the global economy.
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