{"product_id":"avoiding-the-fall-paperback","title":"Avoiding the Fall - Paperback","description":"\u003cp\u003eby \u003cb\u003eMichael Pettis\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed.\u003c\/p\u003e \u003cp\u003eMichael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e \u003cb\u003eMichael Pettis\u003c\/b\u003e is a senior associate in the Carnegie Asia Program. An expert on China's economy, Pettis is a professor of finance at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 172\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.37 x 8.97 x 6.08 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e September 11, 2014\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42130001461383,"sku":"9780870034077","price":19.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/8c8bdfb73aea00604be105fb0e962701.webp?v=1732607473","url":"https:\/\/booksby.splitshops.com\/products\/avoiding-the-fall-paperback","provider":"Books by splitShops","version":"1.0","type":"link"}