Step out of the myth -- Seven reasons why China will not change the world

Author: [USA] Jonathan Anderson
Publisher:
Publish Date: 2007-08-20
Features: China has rewritten the history of global economic growth, China is bringing turbulence to global capital and commodity markets, China is about to challenge the future of free-market capitalism. Chinese state-owned enterprises and banks are still losing heavily, China's population aging speed is unparalleled in the world, China's political system is mismatched with economic development, various latent contradictions and crises are on the verge of. About the current situation and future of China, whether "pro" or "con," there are plenty of "myths." This book provides positive answers to the series of issues mentioned above. On one hand, the author analyzes in detail the many challenges China faces, including the relationship between politics and economy, population aging, bank bad debts, social conflicts, growth models, and China's mutual influence with the world. On the basis of fully acknowledging the great achievements of China's reform and opening-up, the book explores solutions to practical problems. On the other hand, in response to various exaggerated claims, the author reveals the truth about China's economic growth, pointing out that although China is a newly risen Asian dragon, it is not a phenomenon unseen in human history. From the various manifestations of macroeconomics, it will develop along the established patterns of the East Asian cultural circle and gradually become the leader of the Asian economy in the next two decades. At the same time, in seven important aspects, it will not change the face of the entire world. For the global topic of "China's Rise and Its Challenges to the World," this book is a work that is calmly objective, in-depth, and unique in its approach.
China has rewritten the history of world economic growth, China is bringing turbulence to global capital and commodity markets, China is about to challenge the future of free-market capitalism. Chinese state-owned enterprises and banks are still losing heavily, China's population aging speed is unparalleled in the world, China's political system is mismatched with economic development, various latent contradictions and crises are on the verge of. About the current situation and future of China, whether "pro" or "con," there are plenty of "myths." As a positive response to the series of questions mentioned above, this book provides an in-depth analysis of the many challenges China's economy faces: the relationship between politics and economy, population aging, bank bad debts, social conflicts, growth models, and China's mutual influence with the world, while exploring practical solutions. On the other hand, in response to various exaggerated claims, the book reveals the truth about China's economic growth, pointing out that although China is a newly risen Asian dragon, it is not a phenomenon unseen in human history. It will develop along the established patterns of the East Asian region and gradually become the leader of the Asian economy in the next two decades. At the same time, in seven important directions, it will not change the face of the entire world. For the global topic of "China's Rise and Its Challenges to the World," this book is a work that is in-depth in its perspective, thorough in its data, and calmly objective in its attitude.