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China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans and the End of the Chinese Miracle Paperback – 2 May 2019

4.0 out of 5 stars 2 customer reviews

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Review

One of the clearest and most thorough statements of an argument often made about the country: that its government has relied on constant stimulus to keep growth strong, an addiction that is bound to backfire. Second, he comes closer than any previous writer to covering the Chinese economy as Michael Lewis, the hugely popular
author of The Big Short, might do. His analysis is informed but accessible, animated by anecdotes and characters, some colourful, some verging on tragic . . . McMahon is among the most compelling of the many analysts who conclude that China's economic miracle will end painfully

(The Economist)

An engaging economy lesson: human stories are at the heart of every chapter and he draws on his contacts to bring this well-researched analysis to life (Belfast Telegraph)

McMahon tracks how the former juggernaut of growth allowed its economy to become mired in debt, and the dangers this poses for the rest of the world (Sunday Times)

Book Description

A stunning inside look at how and why the Chinese economy is barreling towards disaster and the impact its collapse would have on the rest of the world.

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2 September 2018
Format: Kindle EditionVerified Purchase
29 August 2018
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Most helpful customer reviews on Amazon.com

Amazon.com: 4.3 out of 5 stars 56 reviews
Emma Ashburn
5.0 out of 5 starsIf you buy one China book in 2018, buy this one
14 March 2018 - Published on Amazon.com
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20 people found this helpful.
James Wink
4.0 out of 5 starsHow Long Can Things Go On?
12 February 2019 - Published on Amazon.com
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One person found this helpful.
Amazon Customer
3.0 out of 5 starsGreat first half
17 March 2018 - Published on Amazon.com
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6 people found this helpful.
Brian
5.0 out of 5 starsAwesome ground zero look at China's economy
7 September 2018 - Published on Amazon.com
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One person found this helpful.
Esther Fung
5.0 out of 5 starsGreat insight on how China thinks about debt and business rules
13 April 2018 - Published on Amazon.com
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One person found this helpful.