Magnus, George
Red Flags: Why Xi's China Is in Jeopardy
- ISBN 13:
- 9780300246636
- author:
- Magnus, George
- format:
- Paperback / softback
- publisher:
- Yale University Press
- language:
- English
- Publication Year:
- 2019
- Pages:
- 248
- Dimensions:
- 19.7 x 12.7 centimetres (0.32 kg
- Genre:
- History, Asia, China,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
China's economic rise under President Xi Jinping has been marked by significant growth and confidence at home and abroad. However, the country also faces serious challenges that threaten its long-term prosperity. Economist George Magnus identifies four key traps that China must confront in order to thrive: debt, middle income, the Renminbi, and an aging population. He argues that President Xi's authoritarian approach is incompatible with the country's economic aspirations, and explores the potential for conflicts over trade, the evolving relationship between China and the US, and the Belt and Road initiative. This book provides a thorough and well-researched analysis of China's future, shedding light on the complex issues that will shape its economic destiny.
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