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.
realestate
August Home Sales Plummet to 3.86 Million Annual Rate
NAR Reports Existing Home Sales Decrease to 3.86 Million in Latest Figures
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realestate
Northern Virginia Affordable Housing Options
Northern Virginia Suburbs: Affordable Homes in the 2025 Guide
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realestate
Developer Found Dead in Belize, Homicide Investigation Underway
Boris Mannsfeld, 56, found dead at Belize luxury development project.
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realestate
Macomb County Property Transactions: September 16-20, 2024
Macomb County real estate transfers recorded September 16-20, 2024