This concise and timely book, written by one of the worlda s leading authorities on China, argues that the country is at a crossroads in its development and explores the challenges that lie ahead.
China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies.
This book analyzes the severe policy challenge that it presented for China’s leaders. The crisis in Guangdong’s financial institutions provided a forewarning of the difficulties that lay ahead as China’s integration with the global financial system deepened.
This book discusses how the United States has launched a New Cold War against China.