China: a bubble that will never burst? Orlik T.

Thomas Orlik, the chief economist of Bloomberg Economics, who has worked in Beijing for 10 years, introduces the reader in a fascinating and affordable form to China’s economic growth model and explains what caused his sustainable development. Having summarized the research of leading Western economic institutions and studying the current state of banks, corporations and local authorities, the author analyzes the causes of financial risks and places China into the context of a series of global crises.

Working out possible scenarios of the development of events, Orlik predicts what can happen if the Chinese economic bubble still bursts. The scale of the shock for China and the rest of the world will be colossal, and those who are now considering China as a dangerous geopolitical opponent, its collapse may seem much less pleasant alternative.