M
ichael Pettis' blog on China's financial markets provides valuable insights into the country's economic situation. He highlights the risks of a sharp slowdown in China, which could have far-reaching consequences for global trade and investment.

    Pettis argues that China's economy is facing significant challenges, including a large and growing debt burden, a housing market bubble, and a reliance on exports to drive growth. These factors increase the likelihood of a sharp economic downturn, which would have devastating effects on Chinese households and businesses.

    The NY Times Upshot also explores the complexities of China's financial markets, shedding light on the country's struggles with inflation, currency fluctuations, and debt management. The Big Picture blog offers additional perspectives on China's economic situation, including analysis of the country's trade relationships and investment patterns.