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China's Guaranteed Bubble Author: Ning Zhu
ISBN: 9781259644580 Format: Hardcover Number Of Pages: 320 Published: 3 June 2016 Country of Publication: US Dimensions (cm): 22.8 x 15.2 x 1.9 Description:
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.<?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /></o:p>
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It's not a matter of if China's bubble will burst. It's a matter of when<...
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