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China will only grow by breaking its political elite and transferring wealth from the state to households, says Michael Pettis, professor of finance at Peking University. He talks to FT Alphaville's David Keohane at Camp Alphaville in London.
► FT World News: http://bit.ly/1Exp0iJ
► FT Business: http://bit.ly/1KUK08s
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China will only grow by breaking its political elite and transferring wealth from the state to households, says Michael Pettis, professor of finance at Peking University. He talks to FT Alphaville's David Keohane at Camp Alphaville in London.
► FT World News: http://bit.ly/1Exp0iJ
► FT Business: http://bit.ly/1KUK08s
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
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