Professor at Peking University
Contributor's Links: China Financial Markets

Michael Pettis is a professor at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. He has also taught, from 2002 to 2004, at Tsinghua University’s School of Economics and Management and, from 1992 to 2001, at Columbia ... more

ALL CONTRIBUTIONS

Should The United States Run A Trade Surplus?
Although standard trade theory predicts that highly advanced economies with sophisticated financial sectors, like the US, should generally run trade surpluses, the country has run persistent, and often large, trade deficits for five decades.
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Why U.S. Debt Must Continue To Rise
Debt is rising more quickly in the United States than most people would prefer. This is happening in part because the U.S. current account deficit and the country’s high level of income inequality distort the structure and amount of American savings.
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What Is GDP In China?
Analysts are increasingly skeptical that China’s very high reported GDP growth rate provides a meaningful picture of the economy’s health.
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What China’s Online Shopping Craze Says About Its Bubble Economy
On November 11, China celebrated Singles’ Day, a holiday that in the span of a few short years has become the most important day of the year for Chinese e-commerce. Sales on Alibaba, are the bellwether for its success.
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Beijing’s Three Options: Unemployment, Debt, Or Wealth Transfers
China’s debt problems have emerged so much more rapidly and severely this year than in the past that a growing number of analysts believe that this may be the year that China’s economy breaks.
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EC Tariffs And Trade Intervention
The United States cannot engage in beggar-thy-neighbor policies because it cannot run a trade surplus.
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STOCKS I FOLLOW

AUSE Wisdomtree Trust
CNY Market Vectors-Renminbi/USD ETN
CYB WisdomTree Dreyfus Chinese Yuan Fund
DFJ WisdomTree Japan SmallCap Fund
DXJ WisdomTree Japan Total Dividend Fund
EDC Emerging Markets Bull 3x Shares
EEM iShares MSCI Emerging Markets Index
EUO ProShares UltraShort Euro
EWA iShares MSCI Australia Index Fund
EWJ iShares MSCI Japan Index Fund
FCA First Trust Exchange-Traded AlphaDEX Fund 2
FXE Euro Currency Trust
FXI iShares China Large-Cap
GXC SPDR S&P China ETF
IEV iShares Europe
PGJ PowerShares Gldn Dragon Halter USX China
SLX Market Vectors Steel Index Fund
SPY SPDR S&P 500
VGK VANGUARD EUROPEAN ETF
VWO Vanguard FTSE Emerging Markets ETF
YINN Direxion Daily China 3x Bear
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