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Michael Pettis

Affiliation: Peking University

Michael Pettis is a professor at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. He has also taught, from 2002 to 2004, at Tsinghua University’s School of Economics and Management and, from 1992 to 2001, at Columbia University’s Graduate School of Business.

Pettis has worked on Wall Street in trading, capital markets, and corporate finance since 1987, when he joined the Sovereign Debt trading team at Manufacturers Hanover (now JP Morgan). Most recently, from 1996 to 2001, Pettis worked at Bear Stearns, where he was Managing Director-Principal heading the Latin American Capital Markets and the Liability Management groups.

Visit: China Financial Markets




Michael Pettis's Latest Articles | 95

The Myth of China’s Blithe Consensus

Jan 26, 2010| 

This will be an unusual entry in that rather than focus on economic analysis I want to address one of the too-widely-repeated myths common outside China which, I... Read »

China: Good or Bad Numbers?

Jan 21, 2010| 

I can only submit a very short entry this time to discuss the raft of numbers that came out this morning. Regular readers will suspect that once again I am going... Read »

The Fighting Over the Currency Issue is Likely to Get Worse

Jan 9, 2010| 2

I will be in NY and Boston during the first week of February and plan to meet a number of investors there to discuss China. I believe it becomes official on February... Read »

China New Year, and One More Vote for GDP-Adjusted Bonds

Jan 1, 2010| 1

I just got back to Beijing three days ago and am still seriously jet-lagged, but I wanted to post a piece today anyway. Last night I celebrated the new year at... Read »

China: The Pace of Change

Dec 26, 2009| 

Since it is the Christmas holiday, and I am spending the week in southern Spain with my family, I have not been focusing too heavily on economic data and have instead... Read »

China: Is there a Real Estate Bubble?

Dec 13, 2009| 1

The Christmas season, upcoming exams, student job hunting, and lots of visitors have made this a tough time to keep track of things but, before I go on to discuss... Read »

The Difficult Arithmetic of Chinese Consumption

Dec 5, 2009| 

How fast does consumption need to grow in China in order for a meaningful rebalancing to take place? Probably a lot more than you think. This is arithmetically... Read »

We All Love Free Trade, Don’t We?

Nov 18, 2009| 1

I finally got back to Beijing Friday, and have spent the past five days getting over jet lag and struggling to climb up the seemingly bottomless pit of unanswered... Read »

What Rebalancing of Chinese and American Consumption?

Nov 2, 2009| 

Later today I am leaving to New York and DC for a week, so this may be my last post for several days since my schedule will be pretty hectic. Of course most of... Read »

China: Banking Concerns and University Rankings

Oct 30, 2009| 1

There were two interesting and related articles Wednesday, both suggesting that the CBRC continues to be worried about the lending boom and is making what attempt... Read »

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