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What everyone needs to know about China’s debt load
Thu, 2016-05-05 21:42 — Maeryn ObleyImage: It needs a bit of work. (Reuters/Chance Chan)
qz.com - May 4th 2016 - Matt Phillips
Few have watched the development of the Chinese economy as closely as Arthur Kroeber.
His new book, published last month, is a wide-ranging and authoritative primer on the history and development of China’s unique blend of decentralized economic authoritarianism.
It’s an idiosyncratic system, developed in defiance of the advice of western-trained economists in the wake of the collapse of the Soviet Union.
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