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Michael Pettis

michaelpettis.bsky.social

did:plc:aday7msfnpqba7psqpjq3pij

5/15 In fact China has the highest investment share in history as well as the highest trade surplus in history. There are only two ways this can happen. One way, of course, is for Chinese consumption to comprise a very low share of GDP.

2025-08-26T09:56:35.394Z