Michael Pettis

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

China: Manufacturing Numbers Reinforce the Pessimist’s Outlook

Jan 4, 2009 · 0 Comments 

There is some good news about Chinese retail sales, although I am not sure how useful it is because retail sales numbers in China have always been a little hard... >>>

Signs of Growing Trade Tensions and Potential for Friction

Jan 2, 2009 · 0 Comments 

It is becoming easier and easier to find signs of trade tensions and potential for friction. On Tuesday’s post I already mentioned the fact that South Korea had... >>>

Everyone is Working Hard to Increase Global Trade Imbalances

Dec 30, 2008 · 0 Comments 

I suspect most of my readers outside China are more interested in enjoying the holiday season than in spending much time following my blog, while most of my readers... >>>

Can Parochial Concerns Undermine the Global Adjustment?

Dec 22, 2008 · 0 Comments 

Between the holiday slowdown and the number of writing commitments I have it has been a little too easy to neglect my blog. What free time I have has been spent... >>>

Germany is Fighting with Europe; Can China be Far Behind?

Dec 17, 2008 · 0 Comments 

Earlier this week Ambrose Evans-Pritchard had an article in the UK paper The Telegraph which starts off with “For the first time in my life, I am starting to... >>>

China: I Still Think its Money, Not Pork; Credit is Contracting Very Rapidly

Dec 13, 2008 · 0 Comments 

In all the worry about the trade numbers I haven’t discussed another data release last week which, until recently, would have been the most important piece of... >>>

China: These Numbers are Awful!

Dec 11, 2008 · 0 Comments 

“The most striking real economic fact of the past several months is not continued U.S. economic weakness, but that China’s economy has slowed much more quickly... >>>

China: Exports Contracted in November as Global Downturn Bites

Dec 9, 2008 · 0 Comments 

After trading up four days in a row, with the SSE Composite closing on Monday at 2091, up 3.6% for the day, the market turned today and the SSE Composite lost 2.5%... >>>

Dani Rodrik is Letting the Cat Out of the Bag

Dec 6, 2008 · 0 Comments 

In the latest posting on his blog, Dani Rodrik is saying things that I have been implying in some of my pieces but have been very reluctant to say explicitly, largely... >>>

Is China Experiencing Dollar Outflows?

Dec 3, 2008 · 0 Comments 

The government was actively buying stocks today and as a result, not surprisingly, the market surged on hopes that they are serious about putting an end to the... >>>