Michael Pettis of Carnegie China says we are beginning to see the impact of China’s high debt-to-GDP levels and the country will need another source of real growth if the “rapid expansion” of infrastructure comes to an end.
Michael Pettis of Carnegie China says we are beginning to see the impact of China’s high debt-to-GDP levels and the country will need another source of real growth if the “rapid expansion” of infrastructure comes to an end.
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