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Michael Pettis

Michael Pettis

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Economist and China macro expert (Carnegie Endowment); prolific English commentary on China macro and financial system

Recent Posts

January Home Prices Slip Across All Chinese City Tiers
Social•Feb 13, 2026

January Home Prices Slip Across All Chinese City Tiers

Xinhua: In four first-tier cities and 31 second-tier cities, the average month-on-month price declines in January were 0.3% for new homes and 0.5% for resold homes, while prices in 35 third-tier cities fell 0.4% for new homes and 0.6% for resold homes." https://t.co/CVmwWg6J2v

By Michael Pettis
EU Mulls 30% Tariff or Euro Devaluation to Counter China
Social•Feb 10, 2026

EU Mulls 30% Tariff or Euro Devaluation to Counter China

1/5 Reuters: "The EU should consider either an unprecedented 30% across-the-board tariff on Chinese goods or a 30% depreciation of the euro against the renminbi to counter a flood of cheap imports, a French government strategy report said on Monday." https://t.co/1HcSSyRLJx

By Michael Pettis
China's Growth May Slip to 2.5% without Action
Social•Feb 10, 2026

China's Growth May Slip to 2.5% without Action

1/11 SCMP: "China’s potential growth rate could fall to about 2.5 per cent in the coming years unless action is taken, prominent Chinese economist Zhou Tianyong has warned." https://t.co/9xqpRhz105

By Michael Pettis

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