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Michael Pettis on the Chinese economy

Jun 15, 2011
33:06
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1
Introduction
00:00 • 6min
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2
The Resemblance Between the Chinese Economy and the Japanese Economy of the Late 1980s and Early 1990s
05:47 • 4min
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3
The Right Strategy for Rebalancing the Chinese Economy
09:22 • 4min
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4
The Importance of Stability in China
13:32 • 2min
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5
The Current State of the Chinese Banking System
15:33 • 3min
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6
The Liquidity Crunch in China
18:50 • 3min
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7
The Importance of Asset Prices in China
21:23 • 2min
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8
The Importance of the Currency in China
23:46 • 3min
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9
The Achilles Heel of the Growth Model
26:35 • 4min
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10
How to Be a Successful Business Owner in China
30:54 • 3min
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In this edition, Cardiff Garcia talks with Peking University finance professor Michael Pettis about the limits of China's economic model, why we shouldn't trust the country's growth numbers, and the state of its banking system. Pettis also shares what it's like to run a nightclub and manage an indie record label in Beijing.

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