On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Michael Pettis for a discussion on China. Michael Pettis is a finance professor at the Guanghua School of Peking University and Senior Fellow at the Carnegie-Tsinghua Center. Pettis worked on wall street from 1987 at notable firms such as JP Morgan, 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 & deleveraging will effect China's growth model looking forward. Acknowledging that Beijing understand the past 30 years of economic growth will not work for China going forward, what does this entail for China's strategy over the next decade & beyond?
To find out, you'll have to tune in!
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Referenced In The Show:
China, U.S. lead rise in global debt to record high $305 trillion - IIF: https://www.marketscreener.com/news/latest/China-U-S-lead-rise-in-global...
The one-child policy in China: https://www.centreforpublicimpact.org/case-study/chinas-one-child-policy/
China: To Invest or Not To Invest?: https://themacrocompass.substack.com/p/china-to-invest-or-not-to-invest?...
China posts record trade surplus in Dec and 2021 on robust exports: https://www.reuters.com/markets/currencies/chinas-exports-imports-grow-m...
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Timestamps:
00:00 Introduction
00:46 The Chinese Model For Growth
06:41 Demographics & Consumption In China
12:02 China's Strategy In The Next Decade & Beyond
21:06 The Great Deleveraging
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Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
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