Commentary
Michael Pettis
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Source: Getty
In The Media
The Global Financial Crisis and U.S.-China Relations
State-level visits between China and the United States are very important, given that relations between China nd the United States are probably going to be among the most critical bilateral relationships for the next fifteen years.
Published on Jan 16, 2011
Source: Phoenix TV
Michael Pettis, talking to Phoenix TV, explained that state-level visits between China and the United States are always very important. “The relations between China nd the United States are probably going to be the driving relationships for the next 15 years,” Pettis said. As a result, it is important for high level officials in both countries to get a sense of their counterparts and to understand the ideas that drive each other's foreign policy. Pettis added that the current global financial crisis only increases the importance of Hu Jintao's up-coming visit.
About the Author
Michael Pettis
Nonresident Senior Fellow, Carnegie China
Michael Pettis is a nonresident senior fellow at the Carnegie Endowment for International Peace. An expert on China’s economy, Pettis is professor of finance at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets.
- Is China’s High-Quality Investment Output Economically Viable?
- What GDP Means in a Soft Budget Economy Like ChinaCommentary
Michael Pettis
Recent Work
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.
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