Michael Pettis (@michaelxpettis) 's Twitter Profile
Michael Pettis

@michaelxpettis

Senior Fellow, Carnegie Endowment.
For speaking engagements, please contact me at [email protected]

ID: 917683048782503937

linkhttp://mpettis.com calendar_today10-10-2017 09:27:43

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Brad Setser (@brad_setser) 's Twitter Profile Photo

Agree with Pettis. All for a world where consumption powers 2.5-3 pp of Chinese growth even as investment slows (so the consumption share rises). But that isn't what has been happening -- 1/2

Agree with Pettis.

All for a world where consumption powers 2.5-3 pp of Chinese growth even as investment slows (so the consumption share rises).

But that isn't what has been happening -- 

1/2
George Magnus (@georgemagnus1) 's Twitter Profile Photo

This is exactly the point. You simply cannot separate the two, as Sharma tries to do, not speak about either w/o referring the political and policy structures that underpin the dichotomy - which he strangely does.