Re:China Can’t Sustain Its Debt-Fueled Binge, Moody’s Says
by brownbat on Thursday May 25, 2017 @08:19AM
(#14416824)
Pettis's recent articles show he's more optimistic than Moody's in the short term, and more pessimistic than the new optimism driven by a Morgan Stanley bluepaper, "Why We Are Bullish on China."
He's pessimistic in the longrun, but it seems like China may be able to keep the ball in the air for the next few years.
He's pessimistic in the longrun, but it seems like China may be able to keep the ball in the air for the next few years.
Worth a read: http://carnegieendowment.org/chinafinancialmarkets/68708?lan...