Michael Pettis focused mainly on China’s difficult rebalancing: weak domestic demand, excessive investment and debt, property-sector stress, and Beijing’s reluctance to use large-scale stimulus 10182832. He also argued that global trade imbalances are ultimately resolved painfully, with policymakers’ key task being to decide how the adjustment burden is distributed between surplus and deficit economies 2324. Related posts examined Thailand’s household debt and wage suppression, and argued that low wages relative to productivity shift demand problems into trade surpluses or rising household debt 26.
On the record
last 31 daysNo positions on the record in the last 31 days — retweets, links and asides don't count, only a view of their own.
Their output
33 in August 2026Stories it travels in
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The stories
- ○ a voice, on the left
- ◌ a voice raising half of these
- ● a subject, on the right, under its story
- ⌒ a line is a voice raising a subject — thicker, more items; colour is the story
The stories this entity travels in: on the right, each story with the subjects seen alongside it; on the left, the voices that raised them, and a line for every subject a voice raised, bundled by story. Tap a voice to light everything it raises, a subject for who raised it, a story for its own lines. The crumb goes back.
Who brings it up
- Adam Tooze 2 mentions
- Brad Setser 1 mention
- Jack Farley 1 mention
- Trinh 1 mention
What they talk about
- China 16 items
- Caixin Media 6 items
- GDP 4 items
- trade imbalances 4 items
- debt 3 items
- Foreign Affairs 3 items
- South China Morning Post 3 items
- real estate 3 items
See what your own voices say about Michael Pettis, every morning.
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