Red Flags: Why Xi's China Is in Jeopardy - Hardcover

George Magnus

Hardcover

ISBN 10: 0300233191 ISBN 13: 9780300233193

Publisher: Yale University Press, 2018

Synopsis

A trusted economic commentator provides a penetrating account of the threats to China's continued economic rise Under President Xi Jinping, China has become a large and confident power both at home and abroad, but the country also faces serious challenges. In this critical take on China's future, economist George Magnus explores four key traps that China must confront and overcome in order to thrive: debt, middle income, the Renminbi, and an aging population. Looking at the political direction President Xi Jinping is taking, Magnus argues that Xi's authoritarian and repressive philosophy is ultimately not compatible with the country's economic aspirations. Thorough and well researched, the book also investigates the potential for conflicts over trade, China's evolving relationship with Trump, and the country's attempt to win influence and control in Eurasia through the Belt and Road initiative.

About this title

Review:

'China's rise is the greatest story of our age. But will it continue? In this characteristically clear and compelling book, George Magnus explains the many challenges Xi Jinping's China must overcome, if it is to do so, and the many challenges it will pose to the rest of the world, if it does so. --Martin Wolf, Financial Times

'Compelling, ominous and thought-provoking ... essential reading.' Peter Frankopan, author of The Silk Roads
'For insight into the dilemmas and decisions China's leaders, notably Xi Jinping, will face in the next decades, it would be hard to beat Red Flags.'--Diane Coyle, author of GDP: A Brief but Affectionate History
'An excellent, tightly argued and fluently written analysis of the challenges that lie behind the China Dream.'--Jonathan Fenby, author of Will China Dominate the 21st Century?
'An immensely important and powerful book from one of our premier commentators on economics.'--Rana Mitter, author of China's War with Japan, 1937-1945
'A nuanced, historically informed and highly readable account of why we should never be complacent about the People's Republic.' --Kerry Brown, author of CEO, China

About the Author:

George Magnus is an associate at the China Centre at Oxford University, research associate at the School of Oriental and African Studies, and formerly chief economist of UBS. He has written extensively about China in the Financial Times, Prospect, and other economic and financial publications.

About this edition

• Publisher: Yale University Press
• Publication date: 2018
• ISBN 10: 0300233191
• ISBN 13: 9780300233193
• Binding: Hardcover
• Edition number: 1
• Number of pages: 248