{"product_id":"9781119896159","title":"The Red Dream The Chinese Communist Party and the Financial Deterioration of China","description":"\u003ch1\u003eThe Red Dream\u003c\/h1\u003e\u003ch2\u003eThe Chinese Communist Party and the Financial Deterioration of China\u003c\/h2\u003e\u003ch3\u003eCarl E. Walter\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003ePolitical Science \/ International Relations \/ Trade \u0026amp; Tariffs\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003e\u003cb\u003eAn eye-opening deep dive into the sources and consequences of how China has financed it’s rise to global economic prominence\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn \u003ci\u003eThe Red Dream: The Chinese Communist Party and the Financial Deterioration of China\u003c\/i\u003e, veteran finance executive Carl Walter uses his unique experience in Chinese finance to deepen his exploration of how the Chinese Communist Party finances its obsession with GDP growth and social control. Overwhelmingly debt-fueled, the party’s financial strategy has driven an unsustainable growth in banking and state enterprise assets. Inevitably the party’s own financial health is being severely weakened and China’s future over the next decades put in doubt. You’ll also find:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eA discussion of the financial power of local governments and the Ponzi scheme created by their sale of land use rights\u003c\/li\u003e \u003cli\u003eHow China’s entry into the World Trade Organization gave rise to today’s China\u003c\/li\u003e \u003cli\u003eHow the party and China’s regulators enable banks to present outstanding performance metrics\u003c\/li\u003e \u003cli\u003eAn exploration of the party’s financial assets and liabilities since 1979\u003c\/li\u003e \u003cli\u003eExamples of financial crisis management and related costs incurred by China and the US\u003c\/li\u003e \u003cli\u003eA look at Japan’s experience as a potential guide for China future development\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAn essential read for anyone interested in international economics, geopolitics, and finance, \u003ci\u003eThe Read Dream\u003c\/i\u003e will also earn a place in the hands of finance professionals, bankers, policymakers, corporate strategists, and investors.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e \u003cp\u003e\u003cb\u003eCarl E. Walter\u003c\/b\u003e worked in China for over three decades. He has done IPOs of state enterprises, worked in joint venture investment banks, helped build out onshore banking platforms and was a member of the board of a large Chinese bank. Fluent in Mandarin, he holds a graduate studies certificate from Peking University and a PhD from Stanford University. Carl is the co-author of \u003ci\u003eRed Capitalism and Privatizing China. \u003c\/i\u003e\u003c\/p\u003e \u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e29 August 2022\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781119896159\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e288\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e17.6\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44310845882508,"sku":"9781119896159","price":24.75,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781119896159.jpg?v=1780235909","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781119896159","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}