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9780870034077

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A fascinating and provocative read for anyone interested in China's economy. --J.C. de Swaan, Lecturer in Economics, Princeton University, and Principal, Cornwall Capital Insightful and compellingly argued, this well-timed book is a valuable key to understanding why the engine that propelled China's thirty-year ascent is now threatened with power failure. --Guy de Jonquieres, Senior Fellow, European Centre for International Political Economy Can China make it past the middle-income trap? Having lived and taught in Beijing for more than a decade, Pettis is uniquely qualified to address this and many other key issues. Don't miss this book. --Arminio Fraga Neto, Former President, Central Bank of Brazil

"""A fascinating and provocative read for anyone interested in China's economy."" --J.C. de Swaan, Lecturer in Economics, Princeton University, and Principal, Cornwall Capital ""Insightful and compellingly argued, this well-timed book is a valuable key to understanding why the engine that propelled China's thirty-year ascent is now threatened with power failure."" --Guy de Jonquieres, Senior Fellow, European Centre for International Political Economy ""Can China make it past the middle-income trap? Having lived and taught in Beijing for more than a decade, Pettis is uniquely qualified to address this and many other key issues. Don't miss this book."" --Arminio Fraga Neto, Former President, Central Bank of Brazil"

Author Information

Michael Pettis is a senior associate in the Carnegie Asia Program. An expert on China's economy, Pettis is a professor of finance at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets.

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