Avoiding the Fall by Pettis, Michael

Avoiding the Fall (Paperback) (ISBN-13: 9780870034077)

Vendor: Michael Pettis
Product type: Books
Format: Paperback
$19.95
$19.95
$19.95
Subtotal: $19.95
Avoiding the Fall by Pettis, Michael

Avoiding the Fall

$19.95
Avoiding the Fall by Pettis, Michael

Avoiding the Fall

$19.95
Format: Paperback
Description
Description
x
The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.

Author: Michael Pettis
ISBN-10: 0870034073
ISBN-13: 9780870034077
Publisher: Carnegie Endowment for International Peace
Language: English
Published: 09/11/2014
Pages: 172
Format: Paperback
Weight: 0.62lbs
Size: 8.97h x 6.08w x 0.37d
By Michael Pettis
By Michael Pettis
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Michael Pettis is a senior associate in the Carnegie Asia Program. An expert on China's economy, Pettis is a professor of finance at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets.

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