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Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise
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The truth behind the rise of China and whether or not it will be able to maintain it
How did China transform itself so quickly? In Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise, Revised Edition Carl Walter and Fraser Howie go deep inside the Chinese financial machine to illuminate the social and political consequences of the unique business model that propelled China to economic powerhouse status, and question whether this rapid ascension really lives up to...