'Act before reaching tipping point'
By Andrew Moody | China Daily | Updated: 2014-03-24 07:34
Michael Pettis believes China's investment-fueled economic model is running out of time.
The professor of finance at Peking University's Guanghua School of Management argues that unless significant reforms are implemented the Chinese economy could hit a wall within three years.
This could see GDP growth collapse from its current 7.6 percent and head toward zero.
Photo
