China's rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China's economy is often wrong. Cracking the China Conundrum provides a holistic and contrarian view of China's major economic, political, and foreign policy issues.
Yukon Huang trenchantly addresses widely accepted yet misguided views in the analysis of China's economy. He examines arguments about the causes and effects of China's possible debt and property market bubbles, trade and investment relations with the Western world, the links between corruption and political liberalization in a growing economy and Beijing's more assertive foreign policies. Huang explains that such misconceptions arise in part because China's economic system is unprecedented in many ways-namely because it's driven by both the market and state- which complicates the task of designing accurate and adaptable analysis and research. Further, China's size, regional diversity, and uniquely decentralized administrative system poses difficulties for making generalizations and comparisons from micro to macro levels when trying to interpret China's economic state accurately.
This book not only interprets the ideologies that experts continue building misguided theories upon, but also examines the contributing factors to this puzzle. Cracking the China Conundrum provides an enlightening and corrective viewpoint on several major economic and political foreign policy concerns currently shaping China's economic environment.
China has totally different economic development mode before and after 1978. After its successful economic and market-oriented reform launched by Xiaoping Deng, the whole country experienced a period with dramatic growth. Some of this growth can be accounte...
评分China has totally different economic development mode before and after 1978. After its successful economic and market-oriented reform launched by Xiaoping Deng, the whole country experienced a period with dramatic growth. Some of this growth can be accounte...
评分China has totally different economic development mode before and after 1978. After its successful economic and market-oriented reform launched by Xiaoping Deng, the whole country experienced a period with dramatic growth. Some of this growth can be accounte...
评分China has totally different economic development mode before and after 1978. After its successful economic and market-oriented reform launched by Xiaoping Deng, the whole country experienced a period with dramatic growth. Some of this growth can be accounte...
评分China has totally different economic development mode before and after 1978. After its successful economic and market-oriented reform launched by Xiaoping Deng, the whole country experienced a period with dramatic growth. Some of this growth can be accounte...
4.5 作者的主要观点:债务问题主要是财政体制问题,要财政的归财政、银行的归银行;内部经济失衡来自经济结构转变,重要是提高投资效率;中国的经常账户、汇率和工资并不是美国逆差和就业问题的症结;房地产市场泡沫不严重,因而目前看债务问题导致危机的概率很小;城市化要注重密度而不是扩张。
评分匆忙翻过,可圈可点,值得一读,以后有时间再细读
评分对截至2017年初的中国宏观经济、内政、外交形势的科普。澄清了许多似是而非的流行意见。对地方政府债务、贸易、外商投资等事实给出了数据,并比照发达国家、新兴经济体的数据。作者黄育川很懂中国,也懂世界,曾任世界银行中国业务局局长。
评分匆忙翻过,可圈可点,值得一读,以后有时间再细读
评分too general to illustrate anything insightful
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