Listen free for 30 days
-
China's Great Wall of Debt
- Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle
- Narrated by: Jamie Jackson
- Length: 8 hrs and 25 mins
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wish list failed.
Follow podcast failed
Unfollow podcast failed
China's Great Wall of Debt
Buy Now for $22.26
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
Publisher's Summary
A stunning inside look at how and why the foundations upon which China has built the world’s second largest economy have started to crumble.
Over the course of a decade spent reporting on the ground in China as a financial journalist, Dinny McMahon gradually came to the conclusion that the widely held belief in China’s inevitable economic ascent is dangerously wrong. Debt, entrenched vested interests, a frenzy of speculation, and an aging population are all pushing China toward an economic reckoning. China’s Great Wall of Debt unravels an incredibly complex and opaque economy, one whose fortunes - for better or worse - will shape the globe like never before.
What the critics say
"Dinny McMahon is one of the finest chroniclers of China's economic rise and this book - with its mixture of personal observation and sharp economic analysis - is a timely warning of the pitfalls that lie ahead for the world's most populous nation. A most provocative read." (Jamil Anderlini, Asia Editor for the Financial Times)