The Coming Collapse of China

The Coming Collapse of China

Book - 2001
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Random House, Inc.
China is hot. The world sees a glorious future for this sleeping giant, three times larger than the United States, predicting it will blossom into the world's biggest economy by 2010. According to Chang, however, a Chinese-American lawyer and China specialist, the People's Republic is a paper dragon. Peer beneath the veneer of modernization since Mao's death, and the symptoms of decay are everywhere: Deflation grips the economy, state-owned enterprises are failing, banks are hopelessly insolvent, foreign investment continues to decline, and Communist party corruption eats away at the fabric of society.

Beijing's cautious reforms have left the country stuck midway between communism and capitalism, Chang writes. With its impending World Trade Organization membership, for the first time China will be forced to open itself to foreign competition, which will shake the country to its foundations. Economic failure will be followed by government collapse. Covering subjects from party politics to the Falun Gong to the government's insupportable position on Taiwan, Chang presents a thorough and very chilling overview of China's present and not-so-distant future.

Baker & Taylor
A pessimistic view of China's political and economic future examines the corrumption, decay, deflation, insolvency, and other problems that are threatening Chinese society, explaining how the country has become stuck halfway between communism and capitalism and the economic failure that could result in government collapse. 30,000 first printing.

Blackwell North Amer
The collapse of China is unthinkable. The consequences for its people - and for the people of the world - could be catastrophic. Three times larger than the United States, China has an economy that many predict will blossom into the world biggest by 2010. The county may be America's greatest rival, but each of us, from diplomat to businessman to ordinary consumer, has a vital interest in China's stability.
The People's Republic, however, is failing. The government is corrupt and weak, the economy is stalling, and the social fabric fraying in both countryside and city. As at so many times in the past, the Chinese people want change. Soon they will demand it.
The Coming Collapse of China does not flinch. It states what almost no one will say out loud: The end of the modern Chinese state is near. The People's Republic has five years, perhaps ten, before it falls. This book tells why.

& Taylor

A pessimistic view of China's political and economic future examines the corruption, decay, deflation, insolvency, and other problems that are threatening Chinese society.

Publisher: New York : Random House, 2001
Edition: 1st ed
Description: xxii, 344 p. ; 25 cm
ISBN: 9780375504778
Branch Call Number: 951.057 Cha


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