China The bubble that never pops /
This book describes the Chinese economy that appears destined for failure with a financial bubble in peril of popping yet continues to grow against the odds. It focuses on China's fragile fundamentals and resources for resilience, drawing on discussions with Communist cadres, shadow bankers, an...
| Main Author: | Orlik, Thomas, |
|---|---|
| Other Authors: | Oxford Scholarship Online. |
| Format: | eBook |
| Language: | English |
| Published: |
New York, NY :
Oxford University Press,
2022.
|
| Physical Description: |
258 pages : Illustrations(black and white). |
| Series: |
Oxford Academic.
|
| Subjects: |
| Summary: |
This book describes the Chinese economy that appears destined for failure with a financial bubble in peril of popping yet continues to grow against the odds. It focuses on China's fragile fundamentals and resources for resilience, drawing on discussions with Communist cadres, shadow bankers, and migrant workers. It also pieces together a unique perspective on China's past, present, and possible futures. With a new chapter on the impact of the COVID-19 pandemic, the book positions China in the context of a rolling series of global crises. It presents a self-sufficient China that can outwit hurdles that have affected other countries in a similar position and gives an informative account of the country's economic history in the process. |
|---|---|
| Item Description: |
Includes bibliographical references and index. Contents: Acknowledgments - 1. A Tree Cannot Grow to the Sky - 2. China's Debt Mountain: The Borrowers - 3. China's Debt Mountain: The Lenders - 4. China's First Two Cycles - 5. China's Third Cycle and the Origins of the Great Financial Crisis - 6. China's Economy in the Great Financial Crisis - 7. Xi Jinping and the Start of China's Fourth Cycle - 8. Deleveraging without Self-Detonating - 9. Technology Transfer and Trade Tariffs - 10. This Time Is Different? - 11. War-Gaming a China Crisis - 12. It's Never Too Late - 13. The Bubble and the Virus - Postscript: The Search for Common Prosperity - Further Reading - Index. This book describes the Chinese economy that appears destined for failure with a financial bubble in peril of popping yet continues to grow against the odds. It focuses on China's fragile fundamentals and resources for resilience, drawing on discussions with Communist cadres, shadow bankers, and migrant workers. It also pieces together a unique perspective on China's past, present, and possible futures. With a new chapter on the impact of the COVID-19 pandemic, the book positions China in the context of a rolling series of global crises. It presents a self-sufficient China that can outwit hurdles that have affected other countries in a similar position and gives an informative account of the country's economic history in the process. |
| Physical Description: |
258 pages : Illustrations(black and white). |
| ISBN: |
9780197710012 |