SKU: 98555315037

China: The Bubble That Never Pops

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Description

China: The Bubble That Never PopsThe Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets. And yet, against the odds and against expectations, growth continues, wealth rises,

The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy.

Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets.

And yet, against the odds and against expectations, growth continues, wealth rises, international influence expands. The coming collapse of China is always coming, never arriving.

Thomas Orlik, a veteran of more than a decade in Beijing, turns the spotlight on China's fragile fundamentals, and resources for resilience. Drawing on discussions with Communist cadres, shadow bankers, and migrant workers, Orlik pieces together a unique perspective on China's past, present, and possible futures.

From Deng Xiaoping's reform and opening to Donald Trump's trade war, Orlik traces the policy steps and missteps that have taken China to the brink of a "Lehman moment" credit crisis. Delving into the balance sheets for banks, corporates, and local governments, he plumbs the depths of financial risks. From Japan in 1989, to Korea in 1997, to the U.S. in 2007, he positions China in the context of a rolling series of global crisis.

Mapping possible scenarios, Orlik games out what will happens if the bubble that never pops finally does. The magnitude of the shock to China and the world would be tremendous. For those in the West nervously watching China's rise as a geopolitical challenger, the alternative could be even less palatable.


Binding Type: Hardcover
Publisher: Oxford University Press, USA
Published: 06/22/2020
ISBN: 9780190877408
Pages: 240
Weight: 1.10lbs
Size: 9.40h x 6.40w x 0.90d
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SKU: 98555315037

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JD
Charlottesville, US
★★★★★ 5
My puppy went right to sleep
Color: Neutral
With having a new baby puppy sometimes they can have anxiety leaving their mother and siblings behind. This helped my puppy so much with the transition from being with them to being by himself. This cute adorable plush puppy has a quiet heartbeat that soothes my puppy to sleep. It is well made and serves the purpose it was intended for. I also loved that this came with teething toys that my puppy loves to chew on and the blanket is super soft.
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Reviewed in the United States on September 23, 2024
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kladdagh
Massapequa, US
★★★★★ 5
Helped our puppy settle in from the first night!
Color: Blue
We got this kit to welcome our 8 week old puppy. The warming packs work really well. Especially important since it was our puppy’s first time separated from him mom and littermates. The heartbeat is loud enough for us to hear at night but we got used to it. The Snuggle Puppy stays in his crate as his special companion and he snuggles like it’s one of his pack. Ahead of puppy’s arrival, we put one of my husband’s tshirts on the Snuggle Puppy to add his scent to it. I think that helped the transition, too. Luckily, this puppy doesn’t destroy stuffed animals. After 3 weeks all but the tongue are in tact. I’m not sure how long it would last if he was a destroyer. The toys are ok. The freezable teething heart is a hit. He has settled in to his nightly routine really well and gets excited to greet his pal!
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Reviewed in the United States on February 20, 2021
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Carol S Butler
Natrona Heights, US
★★★★★ 5
Dogs favorite chew toy..
Color: Teal
This is my 11# Maltese/Poodle very favorite chew toy. He did however chew one end off,, hubby took it to his his workshop and filed it down. Cooper's back in business!!
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Reviewed in the United States on May 23, 2026
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robin hawkins
Boise, US
★★★★★ 5
Best dog toy ever!!
Color: Teal
My dog absolutely loves this toy. It's very durable and made from quality materials that she can't destroy and she's an aggressive chewer. It Makes a squeaky sound that encourages and keeps her engaged for longer play times. I will be looking to purchase other dog toys from this company,its worth the money and so happy I bought this for my girl!!
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Reviewed in the United States on April 5, 2026
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hotbiscuitsandsweetmarie
Louisville, US
★★★★★ 1
Parts of this are way too hard to be safe for dogs
Color: Royal Blue
My dog sniffed this and took a hard pass. The body is hard rubber, which some dogs might like. However, the head and tail are rock hard plastic - definitely hard enough to break a dog's teeth. I'm glad my dog wasn't interested in it.
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Reviewed in the United States on April 28, 2026

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