Nothing Miraculous About it: China's Economic Growth and the Great Wall of Debt

The Chinese economy is extraordinarily difficult to understand, for foreign and Chinese observers alike. Within the same prestigious financial papers, on the same day, readers are informed that China is an unstoppable economic juggernaut and that it is headed for the netherworld in handbaskets of corruption, pollution, and mismanagement.

 

Fortunately, former Wilson Fellow and Wall Street Journal Reporter Dinny McMahon has written China’s Great Wall of Debt, a vivid guide to China’s economic challenges, how they stymie the Chinese government, and how they shape the lives of ordinary citizens. His cautionary tales make the book required reading for anyone who studies China’s political economy, who invests in China, or who analyzes Chinese investments in the U.S. and around the world.

 

Please join the Kissinger Institute for the launch of China’s Great Wall of Debt and a lively discussion of the true nature of China’s economy. Books will be available for purchase at the event.    

 

 

Fellow, MacroPolo, The Paulson Institute

 

 

Moderator
 

Director, Kissinger Institute on China and the United States