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  • 0 of 1 copy available at Memorial Library of Nazareth and Vicinity.
  • 0 of 1 copy available at Nazareth.

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Location Call Number / Copy Notes Barcode Shelving Location Status Due Date
Memorial Library of Nazareth and Vicinity 330.951 ORL 2020 (Text) 31001101800366 Adult Non Fiction Checked Out 10/05/2020

Record details

  • ISBN: 9780190877408
  • ISBN: 0190877405
  • Physical Description: xii, 228 pages : charts ; 24 cm
  • Publisher: New York : Oxford University Press, 2020.

Content descriptions

Bibliography, etc. Note:
Includes bibliographical references and index.
Formatted Contents Note:
A tree cannot grow to the sky -- China's debt mountain: the borrowers -- China's debt mountain: the lenders -- China's first two cycles -- China's third cycle and the origins of the Great Financial Crisis -- Xi Jinping and the start of China's fourth cycle -- Deleveraging without self-detonating -- Technology transfer and trade tariffs -- This time is different? -- War-gaming a China crisis -- It's never too late.
Summary, etc.:
"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." --Amazon.com.
Subject: China > Economic conditions > 1976-2000.
China > Economic conditions > 2000-

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