The recent downturn in the Chinese economy has become a focal point of global attention, with some analysts warning that China is edging dangerously close to economic meltdown. Is it possible that the second largest economy in the world could collapse and drag the rest of the world with it?
In this penetrating essay, Ann Lee explains both why China's economy will not sink us all and the policy options on which it is drawing on to mitigate against such a catastrophic scenario. Dissecting with realistic clarity the challenges facing the Chinese economy, she makes a compelling case for its continued robustness in multiple sectors in the years ahead.
- Table of Contents
- Chapter One: The Modern Chinese Economy: the Good, the Bad, and the Ugly
- Chapter Two: Preparing for a Soft Landing
- Chapter Three: Even Black Swans Won’t Kill
- Chapter Four: Can China’s Economy Lift Us All?
James Hoge, Editor of Foreign Affairs, 1991-2010
“In this well-informed book Ann Lee asks "Will China’s economy collapse?" To answer this profound question, she looks deep below the surface to examine the stability of China's governance structure, economic growth model, financial system and geopolitical situation. Anyone interested in China's future and its global implications would do well to read this book.”
Alan Krueger, Princeton University
"This is a very helpful book."
Defense & Foreign Affairs