Avoiding the Fall

by Michael Pettis

Book Overview

The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political...

• Format: Paperback
• Language: English
• ISBN: 0870034073
• ISBN13: 9780870034077
• Release Date: September 2013
• Publisher: Carnegie Endowment for International Peace
• Length: 172 Pages
• Weight: 0.68 lbs.
• Dimensions: 0.4" x 6.1" x 9.0"