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hina's financial markets have been a subject of intense scrutiny, particularly in the context of its economic growth and global trade dynamics. Michael Pettis, an expert on China's economy, has written extensively about the country's financial system.

    Pettis notes that China's financial markets are characterized by a unique blend of state control and market forces. The government plays a significant role in allocating credit and setting interest rates, while private banks and investors also participate in the market. This hybrid model has led to concerns about the stability and sustainability of China's financial system.

    The NY Times Upshot has also explored the complexities of China's financial markets, highlighting the risks associated with its rapid credit expansion and high levels of debt. The Big Picture blog has similarly analyzed the implications of China's financial policies on its economic growth and global trade relationships.