Economist magazine bets professor over China’s future

By Laurence Knight Business reporter, BBC News

Lines of gambling chips at a Macao casino Earlier this year, two economists made a friendly wager.

One of them, the blogger Prof Michael Pettis of the Beijing Business School, had earned kudos as one of the first to predict the sharp slowdown in China’s economy seen over the last year.

The other was the Economist. The magazine, that is.

Their bet – for a bottle of booze – was over whether China’s economy was about to run out of puff.

Read full article:

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: