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	<title>China Financial Markets &#187; Keynes</title>
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	<description>Michael Pettis&#039; finance blog...</description>
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		<title>Would a trade war help solve the problem of excess capacity?</title>
		<link>http://www.mpettis.com/2008/11/16/would-a-trade-war-help-solve-the-problem-of-excess-capacity/</link>
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		<pubDate>Sun, 16 Nov 2008 10:55:22 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Balance of payments]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Trade war]]></category>

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		<description><![CDATA[On Friday Chinese stock markets capped one of the best weeks in an awfully long time, with the SSE Composite closing at 1986, up 3.1% for the day and 13.7% for the week. Although a lot of local analysts have been saying that the rally is long overdue and represents confirmation that we have bottomed [...]]]></description>
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