Phantom of the China Economic Threat: Shadow of the Next Asian Crisis

Overview

The fear that China's competitive stress would trigger another Asian crisis, as China gobbles up foreign demand and capital at the expense of Asia, is flawed. This book analyzes and dispels the myths behind the political rhetoric of the China economic threat to the global economy, and identifies the real risk for Asia behind the perceived China threat. The book combines rigorous research thoughts, data, facts and economic logic with real-world examples and anecdotes to elaborate the arguments. Conventional ...
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Overview

The fear that China's competitive stress would trigger another Asian crisis, as China gobbles up foreign demand and capital at the expense of Asia, is flawed. This book analyzes and dispels the myths behind the political rhetoric of the China economic threat to the global economy, and identifies the real risk for Asia behind the perceived China threat. The book combines rigorous research thoughts, data, facts and economic logic with real-world examples and anecdotes to elaborate the arguments. Conventional thinking is debunked and the findings are provocative and irresistible.
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Product Details

  • ISBN-13: 9780230515444
  • Publisher: Palgrave Macmillan
  • Publication date: 1/22/2008
  • Pages: 204
  • Product dimensions: 5.89 (w) x 8.75 (h) x 0.74 (d)

Meet the Author

CHI LO is an economic strategist based in Hong Kong. He has many years international research experience in economics, finance markets, and public policy and standards development, covering North American and Asian economies. He was Research Director (Greater China) at HSBC and Chief Economist (Northeast Asia) at Standard Chartered Bank in Hong Kong. He is the author of two books, When Asia Meets China in the New Millennium: China's Role in Shaping Asia's Post-Crisis Economic Transformation (2003) and The Misunderstood China: Uncovering the Truth Behind the Bamboo Curtain (2004).
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Table of Contents

Foreword
1 The new China threat 1
2 A conspiracy theory 19
3 The outsourcing threat 41
4 The next Asian crisis : made in China? 61
5 The next Asian crisis : self-inflicted? 85
6 The external stresses 111
7 The real danger isn't another crisis 133
8 What China threat? 157
9 Hollowing-out, revisited 183
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