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

Author: Dinny McMahon

Narrator: Jamie Jackson

Unabridged: 8 hr 25 min

Format: Digital Audiobook

Publisher: Recorded Books

Published: 03/13/2018

Genre: Business & Economics - International

Synopsis

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.

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