The China Dream Revisited  

Oleh:

Studwell, Joe

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Far Eastern Economic Review vol. 171 no. 8 (Oct. 2008), page 25-29.
Topik: Chna; Domestic Economy; Investor

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Perpustakaan Pusat (Semanggi) Nomor Panggil: FF21.21 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Is China sufficiently complex that one’s predictions about it might be 180 degrees wrong throughout one’s entire career? It sometimes seems that way. In 2002, I published The China Dream, a best-selling book about the travails of foreign investors in China in the 1990s (and, indeed, over the centuries leading up to the 1990s). The Chinese economy promptly exploded onto a faster growth trajectory, leading to what may be the first really good returns foreign investors have had from China since the Middle Ages. Now, many China pundits think that the show is over, as the economies of the United States, Europe and Japan slow, and China’s domestic economy faces up to the consequences of its own, gargantuan leveraged investment cycle.

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