David 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 . After many years of euphoria over China 's rapid growth and the country 's apparently inevitable rise to global economic dominance , the China story has taken a serious turn for the worse . He says the country needs to switch from investment to consumption model . Pettis : If China recalibrates its economy in the right way , everyone will benefit .
David 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 switch from investment to consumption model . Pettis : If China recalibrates its economy in the right way , everyone will benefit .