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 | 99

How will an RMB Revaluation Affect China, the US, and the World?

Mar 17, 2010| 

The Chinese new year has only just started, and already trade tensions are ratcheting up. This is perhaps appropriate — astrologers tell us that the year of the... Read »

What Japan’s Rebalancing Can Teach Us

Mar 3, 2010| 

After such a long entry last week I thought I would spare my readers and do something much briefer. A few days ago I read a good article (“Stuck on Neutral”)... Read »

Beijing is not Washington’s Banker

Feb 22, 2010| 1

It is a real toss-up as to which generates more bizarre comment in the international press: Beijing’s long-feared dumping of US Treasuries, or the use and value... Read »

Rising Wages in China Are A Good Thing

Feb 15, 2010| 

I got back three days ago from my trip to the US and am still sludging through my jet-lag, but there are two quick takeaways from the trip I should mention. First,... Read »

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 »