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June 29, 2019 longhedge Geopolitics

Michael Pettis: The US-China Relationship

This is my transcription of Michael Pettis's interview with SuperReturnTV. Interviewer: How has Donald Trump affected US CHINA relationship? MP: China has a current account surplus, of course. And it needs that current account surplus because China has a big problem with demand. It has insufficient domestic demand so it has to balance that with … Continue reading Michael Pettis: The US-China Relationship

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