The Red Dream: The Chinese Communist Party and the Financial Deterioration of China
Author: Walter, Carl E.
ISBN: 9781119896159
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RM123.75
Publisher,John Wiley & Sons Inc
Publication Date,
Format, Hardcover
Weight, 498.95 g
No. of Pages, 267
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Shelf: Non-Fiction Books / Business Finance & Accounting / International Economics
Shelf: Non-Fiction Books / Business Finance & Accounting / International Economics
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In The Red Dream: The Chinese Communist Party and the Financial Deterioration of China, veteran finance executive Carl Walter uses his unique experience in Chinese finance to deepen his exploration of how the Chinese Communist Party finances its obsession with GDP growth and social control. Overwhelmingly debt-fueled, the party's financial strategy has driven an unsustainable growth in banking and state enterprise assets. Inevitably the party's own financial health is being severely weakened and China's future over the next decades put in doubt.