Overview

China’s stunning economic growth over the past three decades is mysterious to many observers. China’s rise poses numerous questions: How did China eclipse two hundred years of Western growth in just three decades? Why have money and wealth grown so quickly in China? Why does the Chinese stock market frequently experience extreme spikes? Why are Chinese property prices so unpredictable? Why are more and more high interest loans being made? In The Wealth of China, prominent financial observer Gao Qiang and well-known economic scholar Yu Yi examine these and other questions in detail. From stock market bubbles to the prospect of financial deregulation, Gao and Yu combine their expertise to explore China’s diverse and complex economy. Along the way, they untangle the central mystery of China’s growth, with clear and candid commentary on a wealth of issues.

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9781627740050

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The Wealth of China is well laid out, well organized, and a succinct work for such an expansive topic. Its thorough indexing provides an excellent guide for further reading. ForeWord Reviews

Author Information

Gao Qiang is a renowned economic commentator, and the deputy chair of the Chinese Society of Financial Journalists. He is the producer of China Central TV’s (CCTV) popular entrepreneurial program Winning in China, and the chief writer for Notes on the State of the Nation. Gao is the author of the bestselling books How Wall Street Affects China and The Changing Face of Currency. Yu Yi is a well-known economic scholar, specializing in the research of macro-economic and currency trends, as well as longer-term shifts in the general population. He has published several books, including Who Kidnapped Our Lives?, Who’s Speculating in China?, and The Changing Situation – What Will Happen to China?

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