SKU: 98555315037

China: The Bubble That Never Pops

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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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SKU: 98555315037

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Amber Bennett
Birmingham, US
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Best for a blow out!
Size: Size 5, Unit Count: 58
We loved pampers for months then my baby turned 7 months and started having blow outs bc he was so mobile. Huggies little movers fix that problem! Nice and thick, completely leak proof by the legs and up the back, nice and soft!
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Carnegie, US
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Great diapers, just a couple small issues
Size: Size 4, Unit Count: 150
Size 4 have been super reliable for my baby. They fit well, don’t sag, and handle active movement without leaking. The absorbency is great for daytime and short naps. My only minor complaint is that they can be a bit pricey compared to other brands, and occasionally the tabs feel a little stiff. Still, otherwise it’s a dependable diaper that I would definitely recommend
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Massapequa, US
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Size: Size 7, Unit Count: 88
These diapers are great quality and hold up really well for active toddlers. My son has always had thicker legs, and these have suited him really well without being too tight or causing irritation. He just turned two and is already in a size 7 (almost an 8), so sizing up has definitely been helpful for comfort and better coverage for US. The absorbency is consistent, and they stay in place—overall a very dependable choice.
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Yami
Fort Morgan, US
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The best quality and most reliable diaper for toddlers!
Size: 4T-5T, Unit Count: 99
So far Huggies Pull-Ups have been the best for our toddler before we venture out of diapers! The quality is impeccable. Now when it comes to size, I preferably go up a size for our toddler, they seem to fit better and give my toddler comfort. These pull ups will last throughout the night without any leakage and we’ve had very few to none rashes. Also one of my favorite thing about the Huggies Pull-Ups is the way they make it easy to put and take off with the option of either literally pulling up which helps get these toddler’s ready for under garments but it also comes with the side attachments. So what put these on however works best for you!
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Claire
Houston, US
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These pull-ups are great. They’re very soft and have a cute little Minnie mouse print on them. They’re great for the price. Luckily my daughter only needs them for bedtime, but they’re great because she can put them on and pull them up by herself. The brand is great, I’ve never had an issue with this brand before.
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