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Description
China: The Bubble That Never PopsThe Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets. And yet, against the odds and against expectations, growth continues, wealth rises,
The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets. And yet, against the odds and against expectations, growth continues, wealth rises, international influence expands. The coming collapse of China is always coming, never arriving. Thomas Orlik, a veteran of more than a decade in Beijing, turns the spotlight on China's fragile fundamentals, and resources for resilience. Drawing on discussions with Communist cadres, shadow bankers, and migrant workers, Orlik pieces together a unique perspective on China's past, present, and possible futures. From Deng Xiaoping's reform and opening to Donald Trump's trade war, Orlik traces the policy steps and missteps that have taken China to the brink of a "Lehman moment" credit crisis. Delving into the balance sheets for banks, corporates, and local governments, he plumbs the depths of financial risks. From Japan in 1989, to Korea in 1997, to the U.S. in 2007, he positions China in the context of a rolling series of global crisis. Mapping possible scenarios, Orlik games out what will happens if the bubble that never pops finally does. The magnitude of the shock to China and the world would be tremendous. For those in the West nervously watching China's rise as a geopolitical challenger, the alternative could be even less palatable.Binding Type: Hardcover
Publisher: Oxford University Press, USA
Published: 06/22/2020
ISBN: 9780190877408
Pages: 240
Weight: 1.10lbs
Size: 9.40h x 6.40w x 0.90d
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4.4 ★★★★★
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Product Reviews
★★★★★ 5
Very helpful
Format: Paperback
This book is a great resource. I need to manipulate data for work and present results in PowerPoint and didn’t have much experience. I’ve found this book very straightforward and well organized.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on March 19, 2020
★★★★★ 5
Amazingly easy to follow and extensive
Format: Paperback
This book will help you to know not only when to use a specific chart but how to create them in a very user friendly format. Great for data analysis professionals.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on August 26, 2019
★★★★★ 5
Excellent guide to dashboard visuals
Format: Paperback
Practical guide to having an awesome dashboard
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Reviewed in the United States on August 22, 2019
★★★★★ 5
Useful
Format: Paperback
Good ideas, well written
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Reviewed in the United States on July 16, 2019
★★★★★ 5
Great Process for Presentation Noobs
Format: Paperback
I had already agreed to give a workshop to my co-workers about how to give more effective presentations when I purchased this book for prep. I immediately adapted the recommended process. After years of creating my own slide decks I have my quirky development process. Following the guidelines in this book will allow anyone at any skill level to methodically create a dynamic slide deck and give a speech that will move the audience to action. I wish I'd had it 35 years ago, when I first started making slide decks, before I learned the hard way that bullets kill.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on June 27, 2024
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