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The China Shock Is Coming With Michael Pettis

Lead-Lag Live

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How Does De-Globalization Affect China?

There is this growing theme, feeling actions, what do you want to call it around, de-globalization. How does that factor into China's adjustment from an economic perspective longer term? It's pretty important because if there's any country that really benefited from the last round of globalization that has to be China. The reversal of globalization will be quite difficult. This is going to be a problem in Japan, in Germany, in the Netherlands, in South Korea and other countries.

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