Michael Pettis is Professor of International Finance at Peking University’s Guanghua School of Management and Senior Associate at the Carnegie Endowment for International Peace. His work and research focuses on monetary policy, trade policy, and the development of the banking and financial markets in China.
Prior to his current positions Pettis spent fifteen years as a banker and trader on Wall Street, nine years as an Adjunct Professor at the Columbia University Business School, and three years as a Professor at the School of Economics and Management at Tsinghua University, in Beijing.
Before moving to China in 2001 he was Managing Director and ran the Liability Management and Latin American Capital Markets groups at Bear Stearns. He has also run fixed income trading and capital market desks at CSFB and Manufacturers Hanover (now JP Morgan). During this time he has advised the Mexican government on the privatisation of the national banking system, the Macedonian government on its commercial bank debt restructuring, the South Korean government on its 1998 commercial bank debt restructuring, and various Latin American governments on their debt issuance strategies.
Pettis has published widely, including for Foreign Affairs, Foreign Policy, World Policy Journal, Far Eastern Economic Review, Columbia Journal of World Business, Wilson Quarterly, Financial Times, The Wall Street Journal, Newsweek, Caijing, and several other leading periodicals. He is also the author of several books about finance, trade and economic restructuring.
