Philippe Petit, the man who became world-famous for his death-defying high wire walk between the World Trade center's twin towers in New York once said: "To overpower vertigo - the keeper of the abyss - one must tame it, cautiously".
Image Source: Telegraph
Young Petit's jaw-dropping performance is a perfect metaphor to explain how Chinese leaders are gently untangling their debt-fueled economy. One wonders if the Chinese policymakers have paid heed to the maestro's advice on how to handle such a delicate yet mammoth task.
In this article, I'd like to shed light