China'S Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the end of the Chinese Miracle [Audiobook] download free by Dinny Mcmahon

China'S Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the end of the Chinese Miracle Audiobook download free by Dinny Mcmahon
  • Listen audiobook: China'S Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the end of the Chinese Miracle
  • Author: Dinny Mcmahon
  • Release date: 2018/1/15
  • Publisher: HOUGHTON MIFFLIN
  • Language: English
  • Genre or Collection: Reference
  • ISBN: 9781328846013
  • Rating: 9.74 of 10
  • Votes: 208
  • Review by: Javier Berryman
  • Review rating: 7.35 of 10
  • Review Date: 2018/11/25
  • Duration: 3H37M6S in 256 kbps (57.6 MB)
  • Date of creation of the audiobook: 2018-07-09
  • You can listen to this audiobook in formats: FLAC, MPEG4, MP3, AIFF, WAV, AC3, WMA (compression TZO, TAR.Z, CPIO, RAR, ZIP)
  • Total pages original book: 288
  • Includes a PDF summary of 32 pages
  • Duration of the summary (audio): 25M1S (6.4 MB)
  • Description or summary of the audiobook: 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. In this unprecedented deep dive, McMahon shows how, lurking behind the illusion of prosperity, China's economic growth has been built on a staggering mountain of debt. While stories of newly built but empty cities, white elephant state projects, and a byzantine shadow banking system, have all become a regular fixture in the press in recent years, McMahon goes beyond the headlines to explain how such waste has been allowed to flourish, and why one of the most powerful governments in the world has been at a loss to stop it. Through the stories of ordinary Chinese citizens, McMahon tries to make sense of the unique-and often bizarre-mechanics of the Chinese economy, whether it be the state's addiction to appropriating land from poor farmers; or why a Chinese entrepreneur decided it was cheaper to move his yarn factory to South Carolina; or why ambitious Chinese mayors build ghost cities; or why the Chinese bureaucracy was able to stare down Beijing's attempts to break up the state's pointless monopoly over the distribution of table salt. 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.
  • Other categories, genre or collection: Politics & Government, Development Economics, Economics, Regional Studies, International Economics, Globalization
  • Download servers: BitShare, Uploaded, Hotfile, ADrive, Microsoft OneDrive. Compressed in TZO, TAR.Z, CPIO, RAR, ZIP
  • Format: Hardback
  • Approximate value: 29.14 USD
  • Dimensions: 152x231x33mm
  • Weight: 431g
  • Printed by: Not Available
  • Published in: Boston, MA, United States

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