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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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4.4 ★★★★★
Based on 27 reviews
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Product Reviews
★★★★★ 5
GREAT ITEM
Material Type: Carbon Fiber, Material Type: Carbon Fiber
This cupholder fits perfectly in my 2005 BMW 325xi (E46). I love the carbon fiber texture on it, it is exactly what I was expecting. It is super easy to install and to use, it looks great and it is definitely worth the money. The quality is great, it came with no imperfections, I would buy this item. (In the photo there is a black and a tan center console for color matching).
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Reviewed in the United States on September 21, 2025
★★★★★ 5
Very well built and look great.
Material Type: Carbon Fiber
These are very well built and look great in my custom console. The color fits very good with my build, and it's very functional.
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Reviewed in the United States on April 19, 2025
★★★★★ 4
Fits 2001 325i
Material Type: Carbon Fiber
I love my 2001 E46 (325i), but one challenge is that the plastics no longer remain "dry" in the summer heat, instead becoming a sticky mess. Picked this up to replace my existing cup-holder.
I was optimistic that the black carbon fiber mesh would blend in with my otherwise black interior, but it's not the same shade of black, so the new part looks a bit out of place. No worries, I just need more carbon fiber replacement components!
This fits perfectly, snaps into place, and is definitely an improvement over ~25-year old plastic. Great value too, an inexpensive upgrade that has real functional improvements -- items in the cupholder no longer get discolored with "sticky" plastic in the sun.
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Reviewed in the United States on January 16, 2025
★★★★★ 5
Calidad
Material Type: Carbon Fiber, Material Type: Carbon Fiber
Es un 10 de 10 para el BMW 325i 2004
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Reviewed in the United States on February 20, 2025
★★★★★ 5
Works as expected
Style: HEPA
This filter fit just right on my FJ cruiser. Snuggle fit and no issues. You can't tell this apart form other cabinair filters. Smells like the same clean smell when you first change it.
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Reviewed in the United States on October 12, 2024
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