US Should Chill Out About High-Tech China Threat, Pettis Says. Bloomberg, June 6, 2018 https://www.bloomberg.com/news/a ... h-tech-china-threat
("Expansion [GDP growth rate] is extremely unlikely to be more than 3 percent annually now and is overstated in official data, he [Pettis] says. * * * At its [Japan's] peak in the early '90s it [its GDP] was 17 percent of the world. Today it's around 6 or 7 percent. Right now China's 15 percent of world output. Twenty years from now * * * I think they’ll be down to 10 percent or maybe even lower")
My comment:
(a) Read either report (I prefer the English one) -- not both.
(b) "来自西班牙"?
(i) Michael Pettis https://en.wikipedia.org/wiki/Michael_Pettis
(1958- ; was born in Zaragoza[, capital of Aragon], Spain to a French mother and an American father; received a Masters of International Affairs in 1981 and a Masters of Business Administration in 1984, both from Columbia University)
(ii) Judging from the spelling of his first name (Michael rather than Miguel), Pettis's father likely brought him up as an American instead of a Spaniard.
(iii) The English (not Spanish) surname Pettis is "from the possessive or plural form of Middle English pytte, pitte 'pit', 'hollow', hence a topographic name for someone who lived by a pit, or a habitational name from a place named with this word, as for example Pett in East Sussex." Dictionary of American Family Name, by Oxford Univ Press.
(c) Japan's GDP in the share of the world is "around 6" presently. But since mid-1980s, Japan, Inc has invested abroad with factories the world over (I can not find statistics about the oversea output of Japanese assets).