Commentary
Michael Pettis
{
"authors": [
"Michael Pettis"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "asia",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "AP",
"programs": [
"Asia"
],
"projects": [],
"regions": [
"East Asia",
"China"
],
"topics": [
"Economy",
"Trade",
"Foreign Policy"
]
}
Source: Getty
In The Media
On the Mechanics of Trade and the Chinese Economy
Very large persistent surpluses and deficits are almost always the result of distorted policies in one or more countries.
Published on Jul 28, 2017
Source: Financial Times
In this two part-part episode, the Financial Times’ Alphachat speaks with Carnegie’s Michael Pettis, the first-ever guest on Alphachat back in 2011. They discuss the analytical framework in Pettis’ book The Great Rebalancing: Trade, Conflict, and the Perilous Road Ahead for the World Economy and the recent history of the Chinese economy.
This interview was originally broadcast by the Financial Times.
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.
- What’s New about Involution?
- Using China’s Central Government Balance Sheet to “Clean up” Local Government Debt Is a Bad IdeaCommentary
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.
More Work from Carnegie Endowment for International Peace
- Russia’s Imperial Retreat Is Europe’s Strategic OpportunityCommentary
The war in Ukraine is costing Russia its leverage overseas. Across the South Caucasus and Middle East, this presents an opportunity for Europe to pick up the pieces and claim its own sphere of influence.
William Dixon, Maksym Beznosiuk
- Takaichi’s Security Agenda After the Landslide ElectionArticle
Backed by a new LDP supermajority, Prime Minister Takaichi aspires to revise Japan’s long-standing security doctrine. Ahead of her visit to Washington, she faces fiscal hurdles for her proposed defense spending while needing to navigate President Trump’s request for naval assets to the Strait of Hormuz.
Harukata Takenaka
- Europe and the Arab Gulf Must Come TogetherCommentary
The war in Iran proves the United States is now a destabilizing actor for Europe and the Arab Gulf. From protect their economies and energy supplies to safeguarding their territorial integrity, both regions have much to gain from forming a new kind of partnership together.
Rym Momtaz
- Why Has Kazakhstan Started Deporting Political Activists?Commentary
The current U.S. indifference to human rights means Astana no longer has any incentive to refuse extradition requests from its authoritarian neighbors—including Russia.
Temur Umarov
- Iran’s Northern Neighbors Are Facing Fallout From the War, TooCommentary
The conflict is threatening stability in Armenia and Azerbaijan.
Zaur Shiriyev
