China's Great Wall of Debt
Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle

Although published in 2018, the author is prophetic about the coronavirus when he closes with the possibility of political problems if China's fast pace of growth slows. This is more closely-observed and reported observations than economic text by a man who knows China well. For that reason, it is hi......more

This is a critical and more popularized (nontechnical) account of recent development issues in the Chinese economy. The focus is on the Chinese parallel to the problems with the US financial system leading up to the 2008 crash and the Great Recession that followed it. China, of course, is different......more

“The Chinese Communist Party made a deliberate decision in the late 1990s to build the biggest steel industry in the world, even though China lacks most of the things you need to make steel—namely raw materials and affordable energy,” said Jim Darsey, executive vice president of Nucor Corporation—th......more