Michael Pettis
Contributor since: 2008
China's Economy Needs Institutional Reform Rather Than Additional Capital Deepening
China Cannot Weaponize Its U.S. Treasury Bonds
Why U.S. Debt Must Continue To Rise
What Is GDP In China?
The U.S. Trade Deficit Isn't Caused By Low American Savings
Tariffs And Trade Intervention
The GDP Of Bridges To Nowhere
Is China's Economy Growing As Fast As China's GDP?
Can China Really Rein In Credit?
Actually, Americans Don't Spend Too Much
No, First-Quarter Numbers Don't Mean Growth Has Bottomed Out
What's Really Driving The Trade Deficit With China
Mexico's Positive Impact On The U.S. Trade Balance
Debate: Can China Survive Trump?
My Reading Of The FT's '... Glimpse Of China's Economic Future'
China: Choosing More Debt, More Unemployment, Or Transfers
The Impact In China And Abroad Of Slowing Growth
Does It Matter If China Cleans Up Its Banks?
Rebalancing, Wealth Transfers, And The Growth Of Chinese Debt
How Much Investment Is Optimal
The Titillating And Terrifying Collapse Of The Dollar. Again.
Will China's New 'Supply-Side" Reforms Help China?
China's Rebalancing Timetable
Thin Air's Money Isn't Created Out Of Thin Air
If We Don't Understand Both Sides Of China's Balance Sheet, We Understand Neither
Do Markets Determine The Value Of The RMB?
Interpreting Information In China's Stock Markets
Internal And External Balance
What Multiple Should We Give China's GDP Growth?
Will The AIIB One Day Matter?
When Do We Decide That Europe Must Restructure Much Of Its Debt?
Can Monetary Policy Turn Argentina Into Japan?