Books

03.13.17

The End of the Asian Century

Michael Auslin
Since Marco Polo, the West has waited for the “Asian Century.” Today, the world believes that Century has arrived. Yet from China’s slumping economy to war clouds over the South China Sea and from environmental devastation to demographic crisis, Asia’s future is increasingly uncertain. Historian and geopolitical expert Michael Auslin argues that far from being a cohesive powerhouse, Asia is a fractured region threatened by stagnation and instability. Here, he provides a comprehensive account of the economic, military, political, and demographic risks that bedevil half of our world, arguing that Asia, working with the United States, has a unique opportunity to avert catastrophe—but only if it acts boldly. Bringing together firsthand observations and decades of research, Auslin’s provocative reassessment of Asia’s future will be a must-read for industry and investors, as well as politicians and scholars, for years to come. —Yale University Press{chop}

Viewpoint

03.24.16

Why China’s Economy Can’t Collapse

from Radio Free Asia
China’s economic outlook once again became the focus of attention for many last week. For one thing, the Economist Intelligence Unit (EIU) listed the possibility of a hard landing for China’s economy as the topmost of the world’s top 10 risks. There...

Chinese Trust Fund Avoids High-profile Default

Simon Rabinovitch, Josh Noble
Financial Times
One of China's biggest “shadow banks” raises Rmb3bn from investors, which was backed by a coal mine which later collapsed. ...

Infographics

08.12.13

Is China’s Massive Infrastructure Spending Wise or Wasteful?

China leads the world in infrastructure investment. The new roads, new railroads, new skyscrapers, even whole new cities that seem to spring into existence every day leave little doubt that investment has been ambitious. But has it been wise? This...

Caixin Media

11.12.12

Weighing Risks Amid a Wealth Management Boom

Is China’s wealth management business a booming profit volcano for investors, or just another smoke-and-mirrors pyramid scheme?It’s a question dividing the nation’s bankers and banking regulators as investors of all kinds pour cash into bank-...