The Wealth of China: Untangling the Mystery of the World's Second Largest Economy

The Wealth of China: Untangling the Mystery of the World's Second Largest Economy

by Gao Qiang, Yu Yi


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China's near miraculous economic growth over the last thirty years gives rise to a series of conundrums: How did China eclipse two hundred years of Western growth in three short decades? Why have money and wealth grown so quickly in China? Why does the Chinese stock market experience such extreme rises and falls? Why is it so difficult to control property prices? Why are high interest loans becoming more and more prevalent? In The Wealth of China, financial observer Gao Qiang and economic scholar Yu Yi examine these and other questions in detail. From stock market bubbles to the prospect of financial deregulation, Gao and Yu combine their expertise to explore China's diverse and complex economy. Along the way, they untangle the central mystery of China's growth, with clear and candid commentary on a wealth of issues.

Product Details

ISBN-13: 9781627740050
Publisher: Times Media Group Inc.
Publication date: 02/18/2014
Pages: 240
Product dimensions: 5.90(w) x 9.10(h) x 1.00(d)

About the Author

Gao Qiang is a renowned economic commentator, and the deputy chair of the Chinese Society of Financial Journalists. He is the producer of China Central TV's (CCTV) popular entrepreneurial program Win in China! and the chief writer for China Memorandum. Gao is the author of the bestselling books How Wall Street Affects China and The Changing Face of Currency.Yu Yi is a well-known economic scholar, specializing in the research of macroeconomic and currency trends, as well as longer-term shifts in the general population. She has published several books, including Who Kidnapped Our Lives?, Who's Speculating in China?, and The Changing Situation—What Will Happen to China?

Table of Contents

Preface: The Chinese Model of the Mystery of China

Chapter One: Why Are People Unable to Read the Chinese Economy?

Chapter Two: Why Is It Possible to Concentrate the Economic Miracles of 200 Years into Just over 30 Years?

Chapter Three: Why Is There an Explosion of Monetary Wealth in China?

Chapter Four: Why Does the Chinese Stock Market Run Contrary to the Chinese Economy?

Chapter Five: Why Is the Nation of China Prosperous, While Her Citizens Are Not?

Chapter Six: Why Are Centralized Enterprises Sluggish, While Private Enterprises Are Lively?

Chapter Seven: Why Can't Mighty Reforms Produce Mighty Enterprises?

Chapter Eight: Why Do Housing Prices Keep Adjusting Higher and Higher?

Chapter Nine: Why Is the Financial System Closer to Perfection, While Usury is More Rampant?



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