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27min chapter
Michael Pettis Explains How China's Changing Economy Will Impact the World
The China-Global South Podcast
China's Economic Situation and the Need for Rapid Investment
This chapter discusses the current state of the Chinese economy, highlighting the need for rapid investment. It explores the traditional model of developing countries importing savings from advanced economies and the risks of depending on foreign capital. The chapter also discusses the impact of China's changing economy on consumption and savings rates.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode