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Michael Pettis, economist, professor of finance, nonresident senior fellow, author, macroeconomic analyst at Peking University; Carnegie Endowment for International Peace, is highlighted in a recommended summer 2026 reading list by Harvard Business School faculty. Mattias E. Fibiger praised Pettis' book The Volatility Machine for its unique and innovative approach that blends corporate finance with macroeconomic theory and economics.
Pettis has previously drawn attention to concerns about hidden bad debt in China's banking sector following the Huaxia Bank case. He has also noted a widespread consensus among economic policy advisors on China's need to rebalance its economy. These topics have shaped Pettis' commentary on Chinese financial risks.