Michael Pettis is the Professor of Finance at Peking University and he told the BBC part of China's problem is that it had been "massively over-investing."AND WITHOUT SOMETHING CHANGING IN A BIG WAY, THE WHOLE DANG HOUSE OF CARDS IS GONNA COME CRASHING DOWN.
DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
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