Michael Pettis
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... >>>




