Author: James R. Gorrie
Publisher: John Wiley & Sons
ISBN: 1118470788
Category : Business & Economics
Languages : en
Pages : 231
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Book Description
A controversial look at the impending Chinese economic collapse—the history behind it, its contemporary causes, and its dire implications for the global economy All the experts agree: the 21st century belongs to China. Given America's looming insolvency and the possibility of the collapse of the U.S. dollar, who can doubt that China is poised to take over the role of economic superpower? Written by political economist and leading financial journalist James Gorrie, this book offers a highly controversial, contrarian view of contemporary China. Drawing upon a wealth of historical and up-to-the-minute data, Gorrie makes a strong case that China, itself, is on the verge of an economic crisis of epic proportions. He explains how, caught in a recurrent boom/bust cycle that has played itself out several times over the past sixty years, China is again approaching total economic and social collapse. But with one important difference this time: they may very well take the entire global economy down with them. Explores the Chinese communist party's unfortunate history of making costly and very bloody mistakes on an enormous scale One-by-one Gorrie analyzes those critical mistakes and explains how they may lead to economic collapse in China and global depression Describes Chinese "cannibal capitalism," and where its massive abuse of the country's environment, people, and arable lands is leading that country and the world economy Chronicles China's history of recurring economic crisis and explains why all the evidence suggests that history is about to repeat itself
Author: William H. Overholt
Publisher: Cambridge University Press
ISBN: 1108389783
Category : Political Science
Languages : en
Pages : 306
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Book Description
China's Crisis of Success provides new perspectives on China's rise to superpower status, showing that China has reached a threshold where success has eliminated the conditions that enabled miraculous growth. Continued success requires re-invention of its economy and politics. The old economic strategy based on exports and infrastructure now piles up debt without producing sustainable economic growth, and Chinese society now resists the disruptive change that enabled earlier reforms. While China's leadership has produced a strategy for successful economic transition, it is struggling to manage the politics of implementing that strategy. After analysing the economics of growth, William H. Overholt explores critical social issues of the transition, notably inequality, corruption, environmental degradation, and globalisation. He argues that Xi Jinping is pursuing the riskiest political strategy of any important national leader. Alternative outcomes include continued impressive growth and political stability, Japanese-style stagnation, and a major political-economic crisis.
Author: Thomas Orlik
Publisher: Oxford University Press, USA
ISBN: 0190877405
Category : China
Languages : en
Pages : 241
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Book Description
A provocative perspective on the fragile fundamentals, and forces for resilience, in the Chinese economy, and a forecast for the future on alternate scenarios of collapse and ascendance.
Author: Jane Golley
Publisher: ANU Press
ISBN: 1760464392
Category : Social Science
Languages : en
Pages : 398
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Book Description
The year 2020 was marked by a series of rolling crises. The Australian wildfires at the start of the year were a catastrophic sign of the global climate crisis. Xi Jinping’s announcement in September that the People’s Republic of China would become carbon neutral by 2060 could help alleviate the crisis, but China has to fix its coal problem first. The big story was, of course, the global COVID-19 pandemic. Appearing to originate in a Wuhan wet market, by year’s end the pandemic had claimed nearly 2 million lives worldwide, put whole countries into lockdown, and sent economies around the world tumbling into recession. China itself successfully suppressed the disease at home and recorded positive economic growth for the year — proving, at least according to the Chinese Communist Party, the ‘superiority of the socialist system’. Not everyone was convinced, with persistent questions about the CCP’s initial cover up of the outbreak, and how the lack of transparency helped it become a pandemic in the first place. The China Story Yearbook 2020: Crisis surveys the multiple crises of the year of the Metal Rat, including the catastrophic mid-year floods that sparked fears about the stability of the Three Gorges Dam. It looks at how Chinese women fared through the pandemic, from the rise in domestic violence to portraits of female sacrifice on the medical front line to the trolling of a famous dancer for being childless. It also examines the downward-spiralling Sino-Australian relationship, the difficult ‘co-morbidities’ of China’s relations with the US, the end of ‘One Country, Two Systems’ in Hong Kong, the simmering border conflict with India, and the rise of pandemic-related anti-Chinese racism. The Yearbook also explores the responses to crisis of, among others, Daoists, Buddhists, and humourists — because when all else fails, there’s always philosophy, prayer, and laughter.
Author: John Bellamy Foster
Publisher: Monthly Review Press
ISBN: 1583676791
Category : Business & Economics
Languages : en
Pages : 239
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Book Description
The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in June 2009, hopes for a new phase of rapid economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement, poverty has increased, and the trend toward more inequality of incomes and wealth has continued. It appears that the Great Recession has given way to a period of long-term anemic growth, which Foster and McChesney aptly term the Great Stagnation. This incisive and timely book traces the origins of economic stagnation and explains what it means for a clear understanding of our current situation. The authors point out that increasing monopolization of the economy—when a handful of large firms dominate one or several industries—leads to an over-abundance of capital and too few profitable investment opportunities, with economic stagnation as the result. Absent powerful stimuli to investment, such as historic innovations like the automobile or major government spending, modern capitalist economies have become increasingly dependent on the financial sector to realize profits. And while financialization may have provided a temporary respite from stagnation, it is a solution that cannot last indefinitely, as instability in financial markets over the last half-decade has made clear.
Author: Dan Wang
Publisher: Lexington Books
ISBN: 0739169432
Category : Education
Languages : en
Pages : 164
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Book Description
The educational system in China is marked by its dramatic inequality between rural and urban schools. The challenges facing rural schools are usually understood as disadvantages in funding, facilities, and staffing, which consequently result in undesirable student performance in general. This book, however, penetrates these phenomena on the surface and brings forth a much deeper moral crisis in rural education, a crisis that is entrenched in the complicated interlocking of formal and informal institutions within and beyond the school. The Demoralization of Teachers describes the work and workplace in a rural school from the perspective of teachers who were working there. It faithfully depicts the lamentable state of teachers’ work morale in the school and, little by little as if a detective story, reveals the reasons for the teachers’ demoralization by vivid narratives. The book demonstrates the profound impact on the meanings of teaching exerted by the state curriculum reform, the formal and informal norms and regulations in the school, and the erosion of moral integrity in the state bureaucracy and the society at large. The crisis in the rural school stops to be a “rural” or educational problem in nature, but mirrors the societal-wide transformation in political economy as well as in ideology in the current reform China. The sheer complexity of the moral crisis in this ethnography calls for renewed efforts to identify and investigate the educational problems in rural China from fresh theoretical perspectives that situate rural education in broader historical and social contexts and processes.
Author: Scott Rozelle
Publisher: University of Chicago Press
ISBN: 022674051X
Category : Business & Economics
Languages : en
Pages : 242
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Book Description
A study of how China’s changing economy may leave its rural communities in the dust and launch a political and economic disaster. As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. But as Scott Rozelle and Natalie Hell show in Invisible China, the truth is much more complicated and might be a serious cause for concern. China’s growth has relied heavily on unskilled labor. Most of the workers who have fueled the country’s rise come from rural villages and have never been to high school. While this national growth strategy has been effective for three decades, the unskilled wage rate is finally rising, inducing companies inside China to automate at an unprecedented rate and triggering an exodus of companies seeking cheaper labor in other countries. Ten years ago, almost every product for sale in an American Walmart was made in China. Today, that is no longer the case. With the changing demand for labor, China seems to have no good back-up plan. For all of its investment in physical infrastructure, for decades China failed to invest enough in its people. Recent progress may come too late. Drawing on extensive surveys on the ground in China, Rozelle and Hell reveal that while China may be the second-largest economy in the world, its labor force has one of the lowest levels of education of any comparable country. Over half of China’s population—as well as a vast majority of its children—are from rural areas. Their low levels of basic education may leave many unable to find work in the formal workplace as China’s economy changes and manufacturing jobs move elsewhere. In Invisible China, Rozelle and Hell speak not only to an urgent humanitarian concern but also a potential economic crisis that could upend economies and foreign relations around the globe. If too many are left structurally unemployable, the implications both inside and outside of China could be serious. Understanding the situation in China today is essential if we are to avoid a potential crisis of international proportions. This book is an urgent and timely call to action that should be read by economists, policymakers, the business community, and general readers alike. Praise for Invisible China “Stunningly researched.” —TheEconomist, Best Books of the Year (UK) “Invisible China sounds a wake-up call.” —The Strategist “Not to be missed.” —Times Literary Supplement (UK) “[Invisible China] provides an extensive coverage of problems for China in the sphere of human capital development . . . the book is rich in content and is not constrained only to China, but provides important parallels with past and present developments in other countries.” —Journal of Chinese Political Science
Author: Julie Sze
Publisher: Univ of California Press
ISBN: 0520262484
Category : History
Languages : en
Pages : 244
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Book Description
"The rise of China and its status as a leading global factory--combined with an increasing worldwide desire for inexpensive toys, clothes, and food--are altering the way people live and consume. At the same time, the world appears wary of the real costs of this desire: toys drenched in lead paint, dangerous medicines, and tainted pet food. Examining sites in China, including the plan for a new eco-city called Dongtan on the island of Chongming, suburbanization projects, and the Shanghai World Expo, JulieSze interrogates Chinese, European, and American 'eco-desire' and the eco-technological fantasies that underlie contemporary development of global cities and mega-suburbs. In doing so, she challenges readers to rethink how cities must undergo alterationsto become true 'eco-cities.' Sze frames her analysis of these case studies in the context of the problems of global economic change and climate crisis, and she explores the flows, fears, and fantasies of Pacific Rim politics that shaped plans for Dongtan. She looks at the flow of pollution from Asia to the United States (ten billion pounds of airborne pollutants annually). Simultaneously, she considers the flow of financial and political capital for eco-city and ecological development between elite powerstructures in the UK and China, and charts how climate change discussions align with US fears of China's ascendancy and the related demise of the American Century. Ultimately, Fantasy Islands examines how fears and fantasies about China and historical and political power change the American imagination."--Provided by publisher.
Author: Peter J. Li
Publisher: Sydney University Press
ISBN: 1743324715
Category : Nature
Languages : en
Pages : 271
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Book Description
“Peter J. Li’s pathbreaking new book, Animal Welfare in China, is timely and valuable.” ANTHROZOÖS The plight of animals in China has attracted intense interest in recent times. Since the outbreak of COVID-19, speculation about the origins of the virus have sparked global curiosity Speculation about the origins of COVID-19 has sparked curiosity about how animals are treated, traded and consumed in China today. In Animal Welfare in China, Peter Li explores the key animal welfare challenges facing China now, including animal agriculture, bear farming, and the trade and consumption of exotic wildlife, dog meat, and other controversial products. He considers how Chinese policymakers have approached these issues and speaks with activists from China’s growing animal rights movement. Li also offers an overview of the history of animal welfare in China, from ancient times through the enormous changes of the 20th and 21st centuries. Some practices that are today described as “traditional,” he argues, are in fact quite recent developments, reflecting the contemporary pursuit of economic growth rather than long-standing cultural traditions. Based on years of fieldwork and analysis, Animal Welfare in China makes a compelling case for a more nuanced and evidence-based approach to these complex issues.
Author: Dan Blumenthal
Publisher: AEI Press
ISBN: 0844750328
Category : Political Science
Languages : en
Pages : 174
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Book Description
This is a book about China's grand strategy and its future as an ambitious, declining, and dangerous rival power. Once the darling of U.S. statesmen, corporate elites, and academics, the People's Republic of China has evolved into America's most challenging strategic competitor. Its future appears increasingly dystopian. This book tells the story of how China got to this place and analyzes where it will go next and what that will mean for the future of U.S. strategy. The China Nightmare makes an extraordinarily compelling case that China's future could be dark and the free world must prepare accordingly.
