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Paper Dragons: China and the Next Crash
By Walden Bello
eBook
$19.75
By Walden Bello
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Emerging relatively unscathed from the banking crisis of 2008, China has been viewed as a model of both rampant success and fiscal stability. But beneath the surface lies a network of fissures that look likely to erupt into the next big financial crash. A bloated real-estate sector, roller-coaster stock market, and rapidly growing shadow-banking sector have all coalesced to create a perfect storm: one that is in danger of taking the rest of the world's economy with it.
Walden Bello traces ou...
Walden Bello traces ou...