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Red Flags: Why Xi's China Is in Jeopardy

Author:
Magnus, George

ISBN:
978 0 300 23319 3
Format:
Hardback
Pages:
248
List price(s):
26.00 USD
20.00 GBP
23.00 EUR

Publication date:
11 September 2018

Short description: 

A trusted economic commentator provides a penetrating account of the threats to China's continued economic rise

Full description: 

A trusted economic commentator provides a penetrating account of the threats to China's continued economic rise Under President Xi Jinping, China has become a large and confident power both at home and abroad, but the country also faces serious challenges. In this critical take on China's future, economist George Magnus explores four key traps that China must confront and overcome in order to thrive: debt, middle income, the Renminbi, and an aging population. Looking at the political direction President Xi Jinping is taking, Magnus argues that Xi's authoritarian and repressive philosophy is ultimately not compatible with the country's economic aspirations. Thorough and well researched, the book also investigates the potential for conflicts over trade, China's evolving relationship with Trump, and the country's attempt to win influence and control in Eurasia through the Belt and Road initiative.

Biography: 

George Magnus is an associate at the China Centre at Oxford University, research associate at the School of Oriental and African Studies, and formerly chief economist of UBS. He has written extensively about China in the Financial Times, Prospect, and other economic and financial publications.

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