The fear that China's competitive stress will trigger another Asian crisis is flawed. This book dispels the myths behind the political rhetoric of the China economic threat and identifies the real risk for Asia. Combining rigorous research, economic logic and real-world examples, conventional thinking is debunked and the findings are irresistible.

CHI LO is an economic strategist based in Hong Kong. He has many years international research experience in economics, finance markets, and public policy and standards development, covering North American and Asian economies. He was Research Director (Greater China) at HSBC and Chief Economist (Northeast Asia) at Standard Chartered Bank in Hong Kong. He is the author of two books, When Asia Meets China in the New Millennium: China's Role in Shaping Asia's Post-Crisis Economic Transformation (2003) and The Misunderstood China: Uncovering the Truth Behind the Bamboo Curtain (2004).