Best A Great Leap Forward?: Making Sense of China's Cooling Credit Boom, Technological Transformation, High Stakes Rebalancing, Geopolitical Rise, & Reserve Currency Dream
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China is going to shake the world. Will you be ready?
The world’s second largest economy is on the edge of a great transformation… or an epic disaster. It has enormous implications for the global economy either way.
This e-book from best-selling author John Mauldin and Worth Wray features an all-star cast of China watchers. Whether you’ve watched from afar or seen the China miracle firsthand, this book will help you consider China’s future from a variety of perspectives. Most important, you’ll learn what China’s changes means for your portfolio.
About the Book:
Many economists and historians credit Beijing’s central planners for the nation’s transformation from a poor agrarian economy in the 1970s to a space-age industrial dynamo today. Some think an even greater leap forward is coming.
John Mauldin and Worth Wray say that either way, China will shake the world.
Decades of command & control governance have left China’s “old” smokestack economy overbuilt and awash in debt, with a banking system that may be seriously underwater. Beijing hopes rising retail consumption and productivity will usher in a new era of growth—but the devil is in the details.
China’s reformers face high & rising debt, zombie industries, a “deliquified” banking system, widespread risks to employment, and even threats to the Communist Party itself.
The People’s Republic needs a new plan. We will all learn in the next five years what it will look like… and whether or not it will work.
In A Great Leap Forward?, John and Worth continue the Mauldin Economics tradition of making the complex simple. Their handpicked experts will take you on a fascinating journey through China’s past, present, and future.
China’s future is the entire world’s future. What will it look like? Read A Great Leap Forward? to find out.
Contributors:
Nouriel Roubini
Ian Bremmer
Michael Pettis
Louis-Vincent Gave
Raoul Pal
Gillem Tulloch
Ambrose Evans-Pritchard
Neil Howe
Jack Rivkin
David Goldman
Jawad Mian
George Magnus
Leland Miller
Mark Hart
Logan Wright
Ernan Cui,
Andrew Batson
Simon Hunt
Samuel Rines
Jason Daw and Wei Yao
Product Details
- Sales Rank: #1019 in eBooks
- Published on: 2015-06-08
- Released on: 2015-06-08
- Format: Kindle eBook
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