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Description
China: The Bubble That Never PopsThe Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets. And yet, against the odds and against expectations, growth continues, wealth rises,
The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets. And yet, against the odds and against expectations, growth continues, wealth rises, international influence expands. The coming collapse of China is always coming, never arriving. Thomas Orlik, a veteran of more than a decade in Beijing, turns the spotlight on China's fragile fundamentals, and resources for resilience. Drawing on discussions with Communist cadres, shadow bankers, and migrant workers, Orlik pieces together a unique perspective on China's past, present, and possible futures. From Deng Xiaoping's reform and opening to Donald Trump's trade war, Orlik traces the policy steps and missteps that have taken China to the brink of a "Lehman moment" credit crisis. Delving into the balance sheets for banks, corporates, and local governments, he plumbs the depths of financial risks. From Japan in 1989, to Korea in 1997, to the U.S. in 2007, he positions China in the context of a rolling series of global crisis. Mapping possible scenarios, Orlik games out what will happens if the bubble that never pops finally does. The magnitude of the shock to China and the world would be tremendous. For those in the West nervously watching China's rise as a geopolitical challenger, the alternative could be even less palatable.Binding Type: Hardcover
Publisher: Oxford University Press, USA
Published: 06/22/2020
ISBN: 9780190877408
Pages: 240
Weight: 1.10lbs
Size: 9.40h x 6.40w x 0.90d
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4.2 ★★★★★
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Product Reviews
★★★★★ 5
For special occasions
Size: Small, Color: Grey Black
Very nice fitted suit.
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Reviewed in the United States on May 1, 2026
★★★★★ 5
Dress to impress 👌
Love the shirt!! It received a lot of compliments!!
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Reviewed in the United States on October 13, 2025
★★★★★ 5
Great quality perfect fit
Like the pattern on this and it feels nice compared to other shirts I have purchased . Would buy again
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Reviewed in the United States on February 16, 2024
★★★★★ 4
Its nice
My wife says i look like a pimp...its not my usual style but for $12 its nice...its exactly as seen in pucture...dont know how long the printed pattern will last but it feels like it will hold up...fits as it should...
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Reviewed in the United States on July 31, 2025
★★★★★ 5
Love it!
This shirt was absolutely gorgeous on me. I went to a wedding and my girlfriend loved me in it. It’s good quality, nice material, it doesn’t wrinkle easily. Great design and it was worth every penny. I felt like a million dollars in it!
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Reviewed in the United States on July 20, 2024
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