China's Guaranteed Bubble

How Implicit Government Support Has Propelled China's Economy While Creating Systemic Risk

Business & Finance
Cover of the book China's Guaranteed Bubble by Ning Zhu, McGraw-Hill Education
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ning Zhu ISBN: 9781259644597
Publisher: McGraw-Hill Education Publication: March 11, 2016
Imprint: McGraw-Hill Education Language: English
Author: Ning Zhu
ISBN: 9781259644597
Publisher: McGraw-Hill Education
Publication: March 11, 2016
Imprint: McGraw-Hill Education
Language: English

The truth about China’s financial industry—and the growing bubble that’s guaranteed to blow it apart…

In recent years, the Chinese economy has been fueled by the implicit guarantee of major banks and local governments by the nation’s central government. The resultant bubble has led to the emergence of a large shadow banking industry that poses major risks to China’s real estate market, speculative stock investments, state-owned enterprises, and more.

It’s not a matter of if China’s bubble will burst. It’s a matter of when.

This eye-opening book from renowned financial scholar Ning Zhu provides a provocative in-depth analysis of China’s current economic practices—and the profound dangers they pose—as well as a powerful wake-up call to investors, regulators, and the entire financial industry. Zhu’s book is packed with startling revelations, including:

* The enormous impact of China’s implicit guarantees on economic growth—and what will happen when those guarantees are gone

* The ever-increasing size of China’s shadow banking industry—and how it’s just the tip of the iceberg

* The once-reliable strength of China’s real estate and stock markets—and how they’re threatened by government distortion

* The latest financial innovations and channels—and how they are circumventing regulations and triggering unprecedented risks

Filled with fascinating case studies, worst case scenarios, and a well-argued case for much-needed reforms, Zhu’s enlightening book is a must-read for anyone with interests or investments in China’s rapidly changing economy. You’ll find intriguing new perspectives on traditional growth models, innovative solutions for overcapacity problems, and revealing new stats on so-called Voodoo Statistics. You’ll get a glimpse behind the curtain of the “unknown unknowns” of China’s implicit guarantees—and learn just how misleading these government policies can be. Most importantly, Zhu’s book provides solid recommendations for diffusing the time bomb these guarantees can and will set off.

Brilliant, incisive, and ultimately optimistic, China’s Guaranteed Bubble will incite a much-needed call for change and set us on a new path of prosperity and growth—for China, the economy, and the world.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The truth about China’s financial industry—and the growing bubble that’s guaranteed to blow it apart…

In recent years, the Chinese economy has been fueled by the implicit guarantee of major banks and local governments by the nation’s central government. The resultant bubble has led to the emergence of a large shadow banking industry that poses major risks to China’s real estate market, speculative stock investments, state-owned enterprises, and more.

It’s not a matter of if China’s bubble will burst. It’s a matter of when.

This eye-opening book from renowned financial scholar Ning Zhu provides a provocative in-depth analysis of China’s current economic practices—and the profound dangers they pose—as well as a powerful wake-up call to investors, regulators, and the entire financial industry. Zhu’s book is packed with startling revelations, including:

* The enormous impact of China’s implicit guarantees on economic growth—and what will happen when those guarantees are gone

* The ever-increasing size of China’s shadow banking industry—and how it’s just the tip of the iceberg

* The once-reliable strength of China’s real estate and stock markets—and how they’re threatened by government distortion

* The latest financial innovations and channels—and how they are circumventing regulations and triggering unprecedented risks

Filled with fascinating case studies, worst case scenarios, and a well-argued case for much-needed reforms, Zhu’s enlightening book is a must-read for anyone with interests or investments in China’s rapidly changing economy. You’ll find intriguing new perspectives on traditional growth models, innovative solutions for overcapacity problems, and revealing new stats on so-called Voodoo Statistics. You’ll get a glimpse behind the curtain of the “unknown unknowns” of China’s implicit guarantees—and learn just how misleading these government policies can be. Most importantly, Zhu’s book provides solid recommendations for diffusing the time bomb these guarantees can and will set off.

Brilliant, incisive, and ultimately optimistic, China’s Guaranteed Bubble will incite a much-needed call for change and set us on a new path of prosperity and growth—for China, the economy, and the world.

More books from McGraw-Hill Education

Cover of the book Enhancing Learning Through Technology In Lifelong Learning: Fresh Ideas: Innovative Strategies by Ning Zhu
Cover of the book Technical Analysis from A to Z, 2nd Edition by Ning Zhu
Cover of the book One on One Baseball: The Fundamentals of the Game and How to Keep It Simple for Easy Instruction by Ning Zhu
Cover of the book SOA-Based Enterprise Integration: A Step-by-Step Guide to Services-based Application by Ning Zhu
Cover of the book Heart of Glass: Fiberglass Boats and the Men Who Built Them by Ning Zhu
Cover of the book Neurologic Emergencies, Third Edition by Ning Zhu
Cover of the book Citrix XenApp Platinum Edition for Windows: The Official Guide by Ning Zhu
Cover of the book Top Shelf: Essential Learning for the Internal Medicine Clerkship by Ning Zhu
Cover of the book LANGE Review: Computed Tomography Examination by Ning Zhu
Cover of the book Medicine PreTest Self-Assessment and Review, Fourteenth Edition by Ning Zhu
Cover of the book Easy Spanish Storybook: Little Red Riding Hood by Ning Zhu
Cover of the book Oracle Database 11g Oracle Real Application Clusters Handbook, 2nd Edition by Ning Zhu
Cover of the book CEH Certified Ethical Hacker Bundle, Third Edition by Ning Zhu
Cover of the book Practice Makes Perfect Basic Math Review and Workbook, Second Edition by Ning Zhu
Cover of the book Deja Review Psychiatry, 2nd Edition by Ning Zhu
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy