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	<title>China Financial Markets &#187; Mexico</title>
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	<description>Michael Pettis&#039; finance blog...</description>
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		<title>Will China have to choose between social stability and long-term growth?</title>
		<link>http://www.mpettis.com/2009/02/09/will-china-have-to-choose-between-social-stability-and-long-term-growth/</link>
		<comments>http://www.mpettis.com/2009/02/09/will-china-have-to-choose-between-social-stability-and-long-term-growth/#comments</comments>
		<pubDate>Mon, 09 Feb 2009 12:01:47 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Financial crisis]]></category>
		<category><![CDATA[NPLs]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[Chile]]></category>
		<category><![CDATA[Great depressions]]></category>
		<category><![CDATA[Mexico]]></category>

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		<description><![CDATA[Wow! There are now rumors that Chinese net credit growth in January was substantially higher than the already-astonishing rumors of RMB 1.2 trillion I reported last week. I will get to that at the end of this entry, but I wanted first to discuss a possibly important issue related to credit intervention. It is probably [...]]]></description>
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