Michael Pettis : Some experts think that China 's economy is in big trouble . But the Chinese government has been trying to keep its people from rioting, and it seems like they're succeeding. He says the country needs to shift from investment to consumption model . Pettis : If China recalibrates its economy in the right way , everyone will benefit .
Michael Pettis : Some experts think that China 's economy is in big trouble . Pettis : Most likely , China 's growth rate will decline in the coming years . He says the country needs to shift from investment to consumption model . Pettis : If China recalibrates its economy in the right way , everyone will benefit .