Michael Pettis Revisits 12 Predictions On China

Via Michael Pettis of China Financial Markets,
In 2006 I started making a number of predictions based on what I thought was the necessary and logical development of China’s growth model. Some of these predictions seemed fairly outlandish, especially to China analysts – Chinese and foreign – who had very little knowledge of economic history or other developing countries, but many of them so far have turned out quite well.
As more and more analysts are beginning to understand the

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