6 ms·
Michael Pettis did a great interview recently that covers why growth in China is likely to stall: https://www.youtube.com/watch?v=WE5VczIFGZA https://www.youtub
by math 4y ago
Michael Pettis did a great interview recently that covers why growth in China is likely to stall: https://www.youtube.com/watch?v=WE5VczIFGZA https://www.youtube.com/watch?v=WE5VczIFGZA
- jpgvm 4y agoStall no. Moderate yes. I think a large part depends on if they are able to translate their infrastructure spending away from unprofitable or marginally profitable ventures like bridges into high-tech nuclear industry, more battery and solar tech, semi-conductors & lithography, etc. They are certainly capable (we saw that with EVs, batteries and solar already) but proof will be in the pudding.