in the media

Up Shibor Creek

Overinvestment in China is creating debt problems, an experience that is similar to other historical investment-led growth miracles.

by Michael Pettis

published by

Financial Times

on July 12, 2013

Source: Financial Times

Carnegie's Michael Pettis joined the Financial Times' Alphavilla podcast with Cardiff Garcia, Kate MacKenzie and David Keohane to discuss China's growth rate, the Shibor spike and associated drive to constrain credit growth, and the risk of social unrest and the dangers of social control.

This podcast was originally published by the Financial Times.

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.