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China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle [Audiobook]
![China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle [Audiobook]](https://pixhost.icu/avaxhome/9f/6f/00546f9f.jpg)
China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle [Audiobook] by Dinny McMahon
English | March 15, 2018 | ASIN: B07BH37MX9 | MP3@64 kbps | 8 hrs 25 mins | 232 MB
Narrator: Jamie Jackson
English | March 15, 2018 | ASIN: B07BH37MX9 | MP3@64 kbps | 8 hrs 25 mins | 232 MB
Narrator: Jamie Jackson
A stunning inside look at how and why the foundations upon which China has built the world's second largest economy have started to crumble.
Over the course of a decade spent reporting on the ground in China as a financial journalist, Dinny McMahon gradually came to the conclusion that the widely held belief in China's inevitable economic ascent is dangerously wrong. Debt, entrenched vested interests, a frenzy of speculation, and an aging population are all pushing China toward an economic reckoning. China's Great Wall of Debt unravels an incredibly complex and opaque economy, one whose fortunes - for better or worse - will shape the globe like never before.