China's Guaranteed Bubble - How Implicit Government Support Has Propelled China's Economy While Creating Systemic Risk (Zhu Ning)(Pevná vazba)

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. It's not a matter of if China's bubble will burst. It's a matter of when. This eye-opening book from renowned financial scholar Ning Zhu provides a provocative in-depth analysis of China's current economic practices--and the profound dangers they pose--as well as a powerful wake-up call to investors, regulators, and the entire financial industry. Zhu's book is packed with startling
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