6min chapter

Forward Guidance cover image

Michael Pettis: China's Economic Growth Model Is Dying

Forward Guidance

CHAPTER

The Importance of Relative Growth in China

Michael X Pettis: It's important to recognize it's not the growth rate in China that matters. The relative growth between production and consumption, which shows up in the trade account,. That's what matters to the rest of the world. He says we should be prepared for the outcome to be much worse than we think it is. Professor Pettis: People should check you out at Michael X Pettis' Twitter handle @michaelxpettis.

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