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Michael Pettis: China's Economic Growth Model Is Dying

Forward Guidance

CHAPTER

The Economic Impact of the Belt and Road Initiative on China's Investment Opportunities

China may be running out of profitable, productive investment opportunities domestically. But there are a lot of investment opportunities abroad, not just in the United States. China has done something called the Belt and Road Initiative. How successful have these programs been? And yeah, are they a viable path forward for sort of marshaling the surplus excess savings that we've been talking about?

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