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Wednesday, July 3, 2013

Ron Rimkus — Michael Pettis On China: Too Much Credit Not Just A Problem For Shadow Banking System

To help shed some light on recent developments in China, we'll be asking several in-country experts to share their views. For our first installment, we turned to Michael Pettis, senior associate at the Carnegie Endowment for International Peace and a finance professor at Peking University's Guanghua School of Management. Pettis may be known as a China bear, but he has said that he prefers to be characterized as a "China skeptic." Last year, he predicted that the growth rate in investment in China would collapse.
Seeking Alpha
Michael Pettis On China: Too Much Credit Not Just A Problem For Shadow Banking System
Ron Rimkus, CFA

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