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Michael Pettis

China’s rate cuts may actually worsen the economy

In recent weeks, Beijing has announced a flood of stimulus measures—or intentions for such measures—as the alarms grow louder on China's economy.The central bank...

Analysis-Painful policy choices loom after China’s ‘monumental’ consumer stimulus plan

BEIJING/HONG KONG (Reuters) - China's stimulus plans to fill consumer pockets to meet its 2024 growth target breaks away from a decades-old policy playbook,...

Analysis-Painful policy choices loom after China’s ‘monumental’ consumer stimulus plan

BEIJING/HONG KONG (Reuters) - China's stimulus plans to fill consumer pockets to meet its 2024 growth target breaks away from a decades-old policy playbook,...

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