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Michael Pettis: China's Economic Growth Model Is Dying
Forward Guidance
The Future of China's Growth Model
China will be the engine of global growth in 2023, you say. What really matters for the world is not how quickly China grows but its current account surpluses. And I think it'll probably remain pretty high this year. It's at world record levels and I don't think it's coming down very rapidly. You said they could do 6%. So I mean, yeah, what do you think the next year will look like economically? Well, you have to be very careful about that.
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