China's Guaranteed Bubble

China's Guaranteed Bubble
ISBN: 9781259644580
Publication Date: 2 June 2016

The truth about Chinaâs financial industryâ"and the growing bubble thatâs guaranteed to blow it apartâ¦

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In recent years, the Chinese economy has been fueled by the implicit guarantee of major banks and local governments by the nationâs central government. The resultant bubble has led to the emergence of a large shadow banking industry that poses major risks to Chinaâs real estate market, speculative stock investments, state-owned enterprises, and more.<?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" />

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Itâs not a matter of if Chinaâs bubble will burst. Itâs a matter of when.

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This eye-opening book from renowned financial scholar Ning Zhu provides a provocative in-depth analysis of Chinaâs current economic practicesâ"and the profound dangers they poseâ"as well as a powerful wake-up call to investors, regulators, and the entire financial industry. Zhuâs book is packed with startling revelations, including:

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* The enormous impact of Chinaâs implicit guarantees on economic growthâ"and what will happen when those guarantees are gone

* Th...