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Phantom of the China Economic Threat

Shadow of the Next Asian Crisis

Language EnglishEnglish
Book Paperback
Book Phantom of the China Economic Threat Chi Lo
Libristo code: 04554681
Publishers PALGRAVE MACMILLAN, December 2005
Many of the arguments against China are flawed, and many debates and views on China's economic threa... Full description
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Many of the arguments against China are flawed, and many debates and views on China's economic threat are distorted. The blame-game on China is partly a cover-up for some economies' inability or unwillingness to change to meet the China challenge. This book seeks to analyse and dispel the myths and expose the lies behind the political rhetoric of the China economic threat to the global economy, and to identify the real risk for Asia behind the perceived China threat. The fear that China's competitive stress would trigger another Asian crisis, as China gobbles up foreign demand and capital at the expense of Asia, is flawed. There are many stress points that could trigger another Asian economic crisis, including the region's bulging fiscal deficit, excessive foreign reserve build-up, insufficient structural reforms, an erroneous US monetary policy and even the rise of terrorism. But another Asian crisis is not inevitable. China could even be an opportunity for regional growth, helping to diffuse the regional time bomb.

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About the book

Full name Phantom of the China Economic Threat
Author Chi Lo
Language English
Binding Book - Paperback
Date of issue 2005
Number of pages 204
EAN 9780230515444
ISBN 0230515444
Libristo code 04554681
Publishers PALGRAVE MACMILLAN
Weight 296
Dimensions 140 x 216 x 12
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