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Cam Hui and Michael Pettis on the Pettis “long landing” scenario for China

Over at Humble Student of the Market a few days ago, Cam Hui wrote up a critique on Michael Pettis’s fairly famous (in China-watching circles anyway) “long landing” theory for the country, which I digested without comment (I’m a know-nothing on China; no point in opening my ignorant mouth, every reason to read smart people on the country).
Well, it turns out that Michael Pettis replied to Cam Hui in a e-mail and later gave permission to publish said mail. You can read the debate right here and it’s highly reco’d for anyone who’d like insight on China. 

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