China's Economy : What Everyone Needs to Know (R)

China's Economy : What Everyone Needs to Know (R)


China's economic growth has been revolutionary, and is the foundation of its increasingly prominent role in world affairs. It is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America. Multinational companies make billions of dollars in
profits in China each year, while traders around the world shudder at every gyration of the country's unruly stock markets. Perhaps paradoxically, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip.

China is frequently in the news, whether because of trade disputes, the challenges of its Belt and Road initiative for global infrastructure, or its increasing military strength. China's political and technological challenges, created by a country whose political system and values differ dramatically from most of the other major world economies, creates uncertainty and even fear.

China's Economy: What Everyone Needs to Know is a concise introduction to the most astonishing economic and political story of the last three decades. Arthur Kroeber enhances our understanding of China's changes and their implications. Among the essential questions he answers are: How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the
repressive one-party state? How do China's changes affect the rest of the world?

This thoroughly revised and updated second edition includes a comprehensive discussion of the origins and development of the US-China strategic rivalry, including Trump's trade war and the race for technological supremacy. It also explores the recent changes in China's political system, reflecting Xi Jinping's emergence as the most powerful leader since Mao Zedong. It includes insights on changes in China's financial sector, covering the rise and fall of the shadow banking sector, and China's
increasing integration with global financial markets. And it covers China's rapid technological development and the rise of its global Internet champions such as Alibaba and Tencent.

Similar Books

ISBN 10: 1612349838
ISBN 13: 9781612349831

01 Nov 2018
John Friend

ISBN 10: 1786077833
ISBN 13: 9781786077837

08 Sep 2020
Clive Hamilton

ISBN 10: 0241472342
ISBN 13: 9780241472347

15 Sep 2020
Daniel Yergin

ISBN 10: 0691182795
ISBN 13: 9780691182797

10 Sep 2019
J C Sharman

ISBN 10: 1107678269
ISBN 13: 9781107678262

25 Jan 2017
Diana Lary

ISBN 10: 1846943175
ISBN 13: 9781846943171

09 Dec 2013
Mark Fisher

ISBN 10: 1859843662
ISBN 13: 9781859843666

01 Sep 2002
Michael Parenti

ISBN 10: 0190877405
ISBN 13: 9780190877408

24 Sep 2020
Thomas Orlik

ISBN 10: 0231187858
ISBN 13: 9780231187855

01 Feb 2020
Professor Bruce Usher

ISBN 10: 0300244177
ISBN 13: 9780300244175

01 Jul 2020
Matthew C. Klein

ISBN 10: 0190062320
ISBN 13: 9780190062323

02 Apr 2020
David Shambaugh

ISBN 10: 0815738056
ISBN 13: 9780815738053

09 Jun 2020
David Dollar