The Coming Collapse of China

The Coming Collapse of China

China is hot. The world sees a glorious future for this sleeping giant, three times larger than the United States, predicting it will blossom into the world's biggest economy by 2010. According to Chang, however, a Chinese-American lawyer and China specialist, the People's Republic is a paper dragon. Peer beneath the veneer of modernization since Mao's death, and the symptoms of decay are everywhere: Deflation grips the economy, state-owned enterprises are failing, banks are hopelessly insolvent, foreign investment continues to decline, and Communist party corruption eats away at the fabric of society.

Beijing's cautious reforms have left the country stuck midway between communism and capitalism, Chang writes. With its impending World Trade Organization membership, for the first time China will be forced to open itself to foreign competition, which will shake the country to its foundations. Economic failure will be followed by government collapse. Covering subjects from party politics to the Falun Gong to the government's insupportable position on Taiwan, Chang presents a thorough and very chilling overview of China's present and not-so-distant future.
Country USA
Brand Random House Books for Young Readers
Manufacturer Random House Publishing Group
Binding Paperback
ItemPartNumber 9780812977561
Color Black
ReleaseDate 2001-07-31
UnitCount 1
EANs 9780812977561

Country	USA
Brand	Random House Books for Young Readers
Manufacturer	Random House Publishing Group
Binding	Paperback
ItemPartNumber	9780812977561
Color	Black
ReleaseDate	2001-07-31
UnitCount	1
EANs	9780812977561

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