► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />China will only grow by breaking its political elite and transferring wealth from the state to households, says Michael Pettis, professor of finance at Peking University. He talks to FT Alphaville's David Keohane at Camp Alphaville in London.<br /><br />► FT World News: http://bit.ly/1Exp0iJ<br /><br />► FT Business: http://bit.ly/1KUK08s<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
