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        <title><![CDATA[Michael Pettis - Senior Associate]]></title>
        <description><![CDATA[Michael Pettis is a professor of finance at the Guanghua School of Management at Peking University in Beijing. ]]></description>
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            <title><![CDATA[5 Smart Reasons to Tax Foreign Capital]]></title>
            <description><![CDATA[A bipartisan bill that would create a trade-balancing exchange rate for the dollar also aims to reduce foreign purchases of certain U.S. assets.]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-08-01/trade-deficit-could-be-reduced-under-baldwin-hawley-senate-bill</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Thu, 01 Aug 2019 21:00:00 GMT</pubDate>
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                <media:description>A customer uses a JPMorgan Chase &amp; Co. automatic teller machine (ATM) outside a bank branch in Miami Beach, Florida, U.S., on Wednesday, Jan. 11, 2017. JPMorgan Chase &amp; Co. is scheduled to release earnings figures on January 13. Photographer Scott McIntyre/Bloomberg via Getty Images</media:description>
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        </item>
        <item>
            <title><![CDATA[Don’t Breathe Easy About China Yet]]></title>
            <description><![CDATA[If the government really gets serious about deleveraging, growth rates are going to plummet a lot faster than most people expect. ]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-04-03/china-s-growth-slowdown-will-be-worse-than-most-expect</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Wed, 03 Apr 2019 22:00:16 GMT</pubDate>
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                <media:description>A Cosco Shipping Lines Co. container ship sits moored next to gantry cranes at the Yangshan Deepwater Port, operated by Shanghai International Port Group Co. (SIPG), at night in this aerial photograph taken in Shanghai, China on Wednesday, Jan. 30, 2019. The U.S. and China launched high-level trade talks in Washington with little indication that Beijing will bend to U.S. demands to deepen economic reforms.</media:description>
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        <item>
            <title><![CDATA[Trade War Won’t Dent China’s GDP]]></title>
            <description><![CDATA[To see the conflict’s true toll, look at rising debt instead. ]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-08-19/trade-war-with-u-s-won-t-dent-china-s-gdp</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Sun, 19 Aug 2018 06:00:12 GMT</pubDate>
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                <media:description>This photo taken on July 13, 2018 shows Chinese employees sewing US flags at a factory in Fuyang in China&apos;s eastern Anhui province. - As the Sino-US trade war rages, a factory set amid corn and mulberry fields in central China stitches together US and &quot;Trump 2020&quot; flags -- and business is good. (Photo by - / AFP) / China OUT (Photo credit should read -/AFP/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Even $200 Billion Isn’t Enough]]></title>
            <description><![CDATA[Selling more to China won’t solve America’s larger problem. ]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-05-20/even-200-billion-isn-t-enough</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Sun, 20 May 2018 21:00:18 GMT</pubDate>
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                <media:description>NANJING, CHINA - MARCH 1: (CHINA OUT) An invest (Photo by China Photos/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Protectionism Can't Fix Trade Imbalances]]></title>
            <description><![CDATA[If Washington wants to reduce deficits, it must focus on capital.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-01-25/protectionism-can-t-fix-trade-imbalances</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Thu, 25 Jan 2018 21:00:10 GMT</pubDate>
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                <media:description>U.S. President Donald Trump holds up a signed Section 201 actions next to Bob Lighthizer, U.S. trade representative, left, in the Oval Office of the White House in Washington, D.C., U.S., on Tuesday, Jan. 23, 2018. Trump slapped tariffs on imported solar panels and washing machines on Monday in his first major move to level a global playing field he says is tilted against American companies. Photographer: Mike Theiler/Pool via Bloomberg</media:description>
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        </item>
        <item>
            <title><![CDATA[Let China's Workers Roam Free]]></title>
            <description><![CDATA[Clamping down could make the struggle against debt much harder.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-12-17/china-should-let-its-migrant-workers-roam-free</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Sun, 17 Dec 2017 22:00:09 GMT</pubDate>
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                <media:description>TOPSHOT - This picture taken on February 15, 2017 shows an elderly man sitting on the back of a tricycle ridden by an elderly woman in the Heiqiaocun migrant village in Beijing.China&apos;s capital relies on migrant labour to keep its economy humming and people from across the country are drawn to the city by the promise of a better life. But high real estate prices and China&apos;s restrictive residence registration system, known as hukou, have driven many into shanty towns on Beijing&apos;s periphery. / AFP PHOTO / Nicolas ASFOURI        (Photo credit should read NICOLAS ASFOURI/AFP/Getty Images)</media:description>
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        </item>
        <item>
            <title><![CDATA[Maybe China Shouldn't Open Up]]></title>
            <description><![CDATA[Right now, liberalization might hurt, not help the battle against debt.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-11-26/actually-maybe-china-shouldn-t-open-up-just-yet</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Sun, 26 Nov 2017 22:00:10 GMT</pubDate>
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                <media:description>This photo illustration shows a portrait of former Chinese leader Mao Zedong on a Chinese 100-yuan note (15.5 USD) in Beijing on August 25, 2015.  China&apos;s central bank on August 25 cut its benchmark interest rates and the amount of cash banks must keep on hand, the latest stimulus aimed at boosting the world&apos;s second-largest economy as it battles a collapse in share prices.     AFP PHOTO / FRED DUFOUR        (Photo credit should read FRED DUFOUR/AFP/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Can China Really Rein in Credit?]]></title>
            <description><![CDATA[Slower economic growth would be healthier. But that's really a political question.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-06-14/can-china-really-rein-in-credit</link>
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            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Wed, 14 Jun 2017 21:00:25 GMT</pubDate>
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                <media:description>TANGSHAN, CHINA - APRIL 6: A Chinese steel worker walks past steel rods at a plant on April 6, 2016 in Tangshan, Hebei province, China. China&apos;s government plans to slash steel production by up to 150 million tons, and could mean as many as 400,000 lost jobs, according to state estimates. Officials point to excessive industrial capacity, a slump in demand and plunging prices as they attempt to restructure China&apos;s slowing economy. Hebei province, long regarded as China&apos;s steel belt, once accounted for nearly a quarter of the country&apos;s steel output. In recent years, state-owned steel mills have been shut down and dozens of small privately-owned plants in the area have gone bankrupt. (Photo by Kevin Frayer/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Actually, Americans Don't Spend Too Much]]></title>
            <description><![CDATA[Foreign money, not greed, is driving down U.S. savings rates.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-05-08/actually-americans-don-t-spend-too-much-and-save-too-little</link>
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            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Mon, 08 May 2017 13:00:07 GMT</pubDate>
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                <media:description>NEW YORK, NY - NOVEMBER 25: Shoppers, tourists and the internationally wealthy shop and mingle amidst the high end luxury retail stores along Fifth Avenue in midtown Manhattan on &quot;Black Friday&quot;, November 25, 2016. Traditionally one of the most crowded shopping days of the year, the area around Trump Tower was even more congested due to security around the newly elected President&apos;s home. (Photo by Andrew Lichtenstein/ Corbis via Getty Images)</media:description>
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        <item>
            <title><![CDATA[What's Really Driving the Trade Deficit With China]]></title>
            <description><![CDATA[Hint: It's not cars or clothes or computers.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-04-04/what-s-really-driving-u-s-trade-deficit-with-china</link>
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            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Tue, 04 Apr 2017 00:57:58 GMT</pubDate>
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                <media:description>A truck carries a container past a ship at the port in Qingdao, in China&apos;s Shandong province on February 15, 2016. Chinese trade slumped in January, authorities said on February 15, as both exports and imports tumbled with feeble domestic and global demand dragging on the world&apos;s second-largest economy.  CHINA OUT     AFP PHOTO / AFP / STR        (Photo credit should read STR/AFP/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Trade Deficit With Mexico Is Good for America]]></title>
            <description><![CDATA[Punishing its southern neighbor would make the U.S. worse off.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-02-08/trade-deficit-with-mexico-is-good-for-america</link>
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            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Wed, 08 Feb 2017 11:30:06 GMT</pubDate>
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                <media:description>Picture of avocados taken at a packaging plant in the municipality of Uruapan, Michoacan State, Mexico, on October 19, 2016.With the United States buying most of the Mexican avocado production and the domestic demand constantly growing, the price of avocados in Mexico is suffering frecuent increases.  / AFP / Ronaldo SCHEMIDT / TO GO WITH AFP STORY BY JENNIFER GONZALEZ COVARRUBIAS        (Photo credit should read RONALDO SCHEMIDT/AFP/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Debate: Can China Survive Trump?]]></title>
            <description><![CDATA[New trade barriers threaten the world's second-largest economy.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-01-16/can-china-survive-a-trump-led-trade-attack</link>
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            <dc:creator><![CDATA[Tom Orlik]]></dc:creator>
            <pubDate>Mon, 16 Jan 2017 22:00:06 GMT</pubDate>
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                <media:description>This picture taken on October 12, 2016 shows a Chinese worker making soft toys at a toy factory in Lianyungang, east China&apos;s Jiangsu province. China&apos;s exports plummeted last month, data showed on October 13, as anemic global demand dealt another blow to the world&apos;s second-largest economy, while weak imports fuelled worries about crucial domestic appetite. / AFP / STR / China OUT        (Photo credit should read STR/AFP/Getty Images)</media:description>
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        </item>
        <item>
            <title><![CDATA[Party Will Pay the Price for China’s Rebalancing]]></title>
            <link>https://www.bloomberg.com/view/articles/2013-09-24/party-will-pay-the-price-for-china-s-rebalancing</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Tue, 24 Sep 2013 22:00:01 GMT</pubDate>
        </item>
        <item>
            <title><![CDATA[China Reforms Face Headwinds at Home and Abroad]]></title>
            <link>https://www.bloomberg.com/view/articles/2013-09-23/china-reforms-face-headwinds-at-home-and-abroad</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Mon, 23 Sep 2013 22:00:01 GMT</pubDate>
        </item>
        <item>
            <title><![CDATA[What’s in a Number? In China, Not Much]]></title>
            <link>https://www.bloomberg.com/view/articles/2013-07-21/what-s-in-a-number-in-china-not-much</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Michael Pettis]]></dc:creator>
            <pubDate>Sun, 21 Jul 2013 22:00:00 GMT</pubDate>
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