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

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.

Nathan explored the roots of the Tiananmen tragedy in Deng Xiaoping's ten-year reform. How will cultural values and attitudes shape China's political development? What will be the impact of Taiwan, Hong Kong, and the West? Drawing on ground-breaking empirical research, Nathan measures the expectations of individual Chinese and their attitudes toward government and democracy.

The earliest accounts of the Sino-Indian boundary dispute cast India as the victim of Chinese betrayal and expansionism, but a more favorable image of China vis-a-vis India has appeared since the 1970s. Since then, China has been portrayed as the victim of India's self-righteous intransigence, with the 1962 India-China war occurring because China was provoked into practicing a justifiable form of realpolitik. These two seemingly irreconcilable academic schools of thought still exist. In this case study of India's decision-making between the years of 1959 and 1963, the critical first years of its border conflict with China, Steven A. Hoffmann takes an important step in reconciling the conflicting views of the crisis and of the ascribed reasons for the war that ensued in 1962. Drawing on interviews with Indian officials, military officers, and political leaders and on memoirs and other sources gathered during concentrated research in India, England, and North America between 1983 and 1986, the author provides previously unknown material on the perceptions and realities of Indian decision making. A model for international crisis behavior, as proposed by Michael Brecher, is used to help establish a balanced treatment of information and offer insights into such questions as why India and China both failed to understand one another's frontier psychologies and strategies, and why the Nehru government did not succeed in managing the conflict. This richly detailed and carefully researched approach is invaluable in this time when India and China are once again exploring ways to establish a solid relationship. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1990.

Today the most dangerous place on earth is arguably the Taiwan Strait, where a war between the United States and China could erupt out of miscalculation, misunderstanding, or accident. How and to what degree Taiwan pursues its own national identity will have profound ramifications in its relationship with China as well as in relations between China and the United States. Events late in 2004 demonstrated the volatility of the situation, as Taiwan's legislative elections unexpectedly preserved a slim majority for supporters of closer relations with China. Beijing, nevertheless, threatened to pass an anti-secession law, apt to revitalize pro-independence forces in Taiwan—and make war more likely. Taking change as a central theme, these essays by prominent scholars and practitioners in the arena of U.S.-Taiwan-Chinese relations combine historical context with timely analysis of an accelerating crisis. The book clarifies historical developments, examines myths about past and present policies, and assesses issues facing contemporary policymakers. Moving beyond simplistic explanations that dominate discussion about the U.S.-Taiwan-China relationship, Dangerous Strait challenges common wisdom and approaches the political, economic, and strategic aspects of the cross-Strait situation anew. The result is a collection that provides fresh and much-needed insights into a complex problem and examines the ways in which catastrophe can be avoided. The essays examine a variety of issues, including the movement for independence and its place in Taiwanese domestic politics; the underlying weaknesses of democracy in Taiwan; and the significance of China and Taiwan's economic interdependence. In the security arena, contributors provide incisive critiques of Taiwan's incomplete military modernization; strains in U.S.-Taiwan relations and their differing interpretations of China's intentions; and the misguided inclination among some U.S. policymakers to abandon Washington's traditional policy of strategic ambiguity.

The western world attributed China’s role as world’s largest financer of the developed world and third largest economy in the world to new economic efficiencies, a revolution in risk management and its own wise policies. China and the Credit Crisis argues that if the extent of the role played in the new prosperity by an emerging China, and the fundamental nature of the changes it brought had been better understood, more appropriate policies and actions would have been adopted at the time which could have avoided the crash, or at least limited its impact. China’s Credit Crisis examines the larger role that China will play in the recovery from the current credit crisis and in the post-crisis world. It addresses the major questions which arise from the financial crisis and discuss the landscape of the post-credit crisis world, initially by continuing to provide growth to a world deep in recession, and later by sharing global economic and political leadership

The author examines China's political, economic and social structures which have resulted in a culture that has stifled creative thinking - He argues that China has been both held together and held back by its extreme deference to history - Boxer movement - Cultural Revolution - Great Leap Forward.

Written by a team of leading China scholars, this book explores the dynamics of state power and legitimation in twenty-first century China, and the implications of changing state-society relations for the future viability of the People's Republic. Key subjects covered include: the legitimacy of the Communist Party state-society relations ethnic and religious resistance rural and urban contention nationalism popular and youth culture prospects for democracy.

This open access handbook, Ten Crises systematically traces the economic history of China from 1949 to 2020, unravelling the complex domestic and global factors leading to the cyclical crises identified by WEN and his research team, and examining the corresponding counteracting policies and measures by the government to resolve or defer the crises. The book offers profound insights into China's endeavours and predicaments on the path of modernization, and contemplates opportunities and lessons for the forging of alternative trajectories not only for China but also for the global south: to reconstruct rural communities for integrated cooperation and governance, and to revitalize ecological civilization.