C
hina's financial markets have been a subject of intense scrutiny, particularly in light of the country's growing economic influence. Michael Pettis, a well-known expert on China's economy, has written extensively on this topic. His work provides valuable insights into the complexities of China's financial system.
Pettis highlights the significant risks associated with China's reliance on debt-fueled growth. He argues that the country's financial markets are characterized by a lack of transparency and accountability, making it difficult to accurately assess risk. This has led to concerns about the stability of China's financial system and its potential impact on global markets.
The NY Times Upshot has also covered China's financial markets, providing analysis and commentary on key issues such as debt levels and economic growth. The Big Picture blog offers additional insights into China's economy, including discussions on topics like currency manipulation and trade policies.
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