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Avoiding the Fall: China's Economic Restructuring

Michael Pettis




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 | #609882 in eBooks |  2013-09-24 |  2013-09-24 | File type: PDF

||21 of 21 people found the following review helpful.| Pettis Remains Ahead of the Pack on China|By Eric|This book as intellectually rigorous as iconoclastic. And it may be on the most important topic of world economics in the next two decades.

After events disprove the conventional wisdom and prove Pettis correct, then the conventional wisdom will assimilate Pettis' conclusions, in a formulaic manner, but without his| ||"A fascinating and provocative read for anyone interested in China's economy."―J.C. de Swaan, Lecturer in Economics, Princeton University, and Principal, Cornwall Capital

|"Insightful and compellingly argued, this well-timed book is a valuable ke

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 cost...

You can specify the type of files you want, for your device.Avoiding the Fall: China's Economic Restructuring   |  Michael Pettis.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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