If We Don’t Understand Both Sides Of China's Balance Sheet, We Understand NeitherGuest Post
If We Don’t Understand Both Sides Of China's Balance Sheet, We Understand Neither by Michael Pettis, Michael Pettis' China Financial Markets
With so much happening in China in the past month it seems that there are a number of very specific topics that any essay on China should focus. I worry, however, that we get so caught up staring at strange clumps of trees that we risk losing sight of the forest. What . . .
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