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Description
China: The Bubble That Never PopsThe Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets. And yet, against the odds and against expectations, growth continues, wealth rises,
The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets. And yet, against the odds and against expectations, growth continues, wealth rises, international influence expands. The coming collapse of China is always coming, never arriving. Thomas Orlik, a veteran of more than a decade in Beijing, turns the spotlight on China's fragile fundamentals, and resources for resilience. Drawing on discussions with Communist cadres, shadow bankers, and migrant workers, Orlik pieces together a unique perspective on China's past, present, and possible futures. From Deng Xiaoping's reform and opening to Donald Trump's trade war, Orlik traces the policy steps and missteps that have taken China to the brink of a "Lehman moment" credit crisis. Delving into the balance sheets for banks, corporates, and local governments, he plumbs the depths of financial risks. From Japan in 1989, to Korea in 1997, to the U.S. in 2007, he positions China in the context of a rolling series of global crisis. Mapping possible scenarios, Orlik games out what will happens if the bubble that never pops finally does. The magnitude of the shock to China and the world would be tremendous. For those in the West nervously watching China's rise as a geopolitical challenger, the alternative could be even less palatable.Binding Type: Hardcover
Publisher: Oxford University Press, USA
Published: 06/22/2020
ISBN: 9780190877408
Pages: 240
Weight: 1.10lbs
Size: 9.40h x 6.40w x 0.90d
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4.2 ★★★★★
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Product Reviews
★★★★★ 4
Use
Color: 5-in-1 Battery Operated Wine Set - Silver
Good
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Reviewed in the United States on May 5, 2026
★★★★★ 5
Pleasant surprise for a pessimistic person.
Color: 5-in-1 Battery Operated Wine Set - Silver
Works good, except for older bottles with real corks
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Reviewed in the United States on February 5, 2026
★★★★★ 5
Great wine opener
Color: 5-in-1 Battery Operated Wine Set - Silver
Works great! Very pleased!
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Reviewed in the United States on March 8, 2026
★★★★★ 5
Easy to use
Color: 5-in-1 Battery Operated Wine Set - Silver
This is a great style wine opener. It takes all the work out of opening a bottle. The cutter for the seal is easy to use too.
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Reviewed in the United States on December 20, 2025
★★★★★ 5
Stylish and Efficient Wine Opener.
Color: 6 in 1 wine opener/Silver, Set name: 6-in-1 Electric Wine Opener
I recently purchased the BABONIR 6-in-1 Electric Wine Opener Gift Set and I am delighted to share my experience. This set is incredibly user-friendly. Even if you're not used to electric wine openers, you'll find it a breeze to use. It looks quite fancy and elegant, which adds a touch of sophistication to any gathering.
Moreover, it offers great value for the money. The auto cork removal feature works like a charm, making the process of opening a bottle swift and effortless. The inclusion of a USB charger is a fantastic touch, ensuring that the opener is always ready to go when you need it.
Overall, I am thoroughly impressed with this product and would highly recommend it to anyone looking for a stylish and efficient wine opener.
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Reviewed in the United States on February 27, 2026