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Podcast: Market Depth
Episode: Michael Pettis: The Chinese Growth Miracle Is Over
Description: On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Michael Pettis for a discussion on China. Finance professor at Peking University’s School of Management and senior fellow at the Carnegie-Tsinghua Center for Global Policy, Michael Pettis worked on Wall Street from 1987 at notable firms such as JPMorgan, First Boston and Bear Stearns.With Pettis' expertise, he provides a deep dive on the Chinese economic growth model and how factors such as debt, demographics and deleveraging will effect China's growth model looking forward. With Beijing acknowledging that the past 30 years of economic gr...