1. China's Economic Rise and Fall
As he sees it there are a "raft of concerns" and "collectively they are more than enough to return China to the fractured, self-containing mess that it has been for most of its history" (p. 290). In his assumption he faults the Chinese financial system as the biggest reason why China will fall. As Zeiban sees it, Chinas fall will be from an "entire Chinese system that is subprime, in every economic sector" (p. 309). ... Meanwhile, the People's Bank of China and China Banking Regulatory Commission are testing new bad-load securitization programs." ... Through...
- Word Count: 1993
- Approx Pages: 8
- Has Bibliography
- Grade Level: Undergraduate