Michael Pettis reviews the growth track record of China over the past decades and discusses how rebalancing from an investment and export driven economy to a more consumption focused economy could take place going forward. He also discusses Renminbi internationalization and the impact that China’s rebalancing could have on Australia and similar commodity exporting countries.
This episode of the Take 15 Series was originally released on 12 October 2011.
Are you viewing this post on a mobile device? Download the Reuters Insider app and watch this video on the CFA Institute channel.