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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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Product Reviews
★★★★★ 5
Great
Size: 8 Toddler, Color: Navy
Just as pictured and the padding is super comfortable, our 3 year old is rough on shoes but we love stride rite the quality it good and easy to clean perfect for wide toe area
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Reviewed in the United States on May 3, 2026
★★★★★ 5
Great toddler shoes!
Size: 6 Toddler, Color: Navy
Cute, comfy, practical and perfect for my toddler son
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Reviewed in the United States on October 9, 2025
★★★★★ 5
Most comfy sandals my toddler owns
Size: 6 Toddler, Color: Navy
Very comfortable and true to size
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Reviewed in the United States on May 9, 2026
★★★★★ 5
Perfect toddler summer sandal!
Size: 6 Toddler, Color: Navy, Size: 6 Toddler, Color: Navy
My toddler loves them. Even though they are a little big for him (which I meant to buy a bigger size) the adjustable strap allows me tighten them enough so he doesn’t slide. Color goes with everything! Perfect summer shoe!
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Reviewed in the United States on July 9, 2025
★★★★★ 4
I liked them, toddler did not
Size: 7 Toddler, Color: Navy
I thought these were cute shoes. They were sturdy, protective, and flexible for little walkers. And they were pretty soft on the inside to wear without socks. Unfortunately, my two year old did not agree. He cried "don't like it" and immediately ripped them off every time I tried them on him. Maybe it's just my picky son. TTS/half size big.
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Reviewed in the United States on April 24, 2024