This story masks BAD news.<p><a href="http:&#x2F;&#x2F;blog.mpettis.com&#x2F;2015&#x2F;11&#x2F;chinas-rebalancing-timetable&#x2F;" rel="nofollow">http:&#x2F;&#x2F;blog.mpettis.com&#x2F;2015&#x2F;11&#x2F;chinas-rebalancing-timetable...</a><p>China&#x27;s debt today is over 200% of its GDP and may exceed 300% in five years. One hopes the IMF and China agreed on concessions will assist China in rebalancing its economy quickly, because as Petits&#x27; posting points out -- a disruptive end is near for the current model.