M
ichael Pettis' blog on economics and finance is a valuable resource for understanding the complexities of China's financial markets. His analysis often highlights the disconnect between China's economic growth and its financial system, which he believes is unsustainable in the long term.
Pettis argues that China's financial markets are not yet integrated with the global economy, despite the country's increasing trade ties. This has led to a buildup of debt and asset bubbles, which could have severe consequences if they burst. He also notes that China's economic growth model is heavily reliant on investment and exports, rather than domestic consumption.
Pettis' views are shaped by his experience as a professor at Peking University and his work with the Carnegie Endowment for International Peace. His blog provides a unique perspective on China's financial markets and their potential impact on the global economy.
realestate
November Housing Market Update: Sales Reach 664,000 Annual Pace
New Home Sales Jump to 664,000 Annual Rate in Latest Data
Read More - realestate

realestate
Symmes Township Luxury Home Sells for $1.225 Million
Discover current home prices in your neighborhood with our local market insights.
Read More - realestate

realestate
New Jersey Developer Charged in Multi-Million Dollar Real Estate Scandal
Reaction grows from alleged victims of Paterson real estate scheme as Cesar Pina faces fraud, money laundering and bribery charges.
Read More

realestate
Berkshire County Property Deals June 23-27 Recap
Real estate transactions from June 23-27 listed by Middle, North and South Berkshire Registry of Deeds offices.