Phantom of the China Economic Threat : Shadow of the Next Asian Crisis

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. Many of the arguments against China are flawed, and many debates and views on China's economic threat are distorted. The blame-game on China is partly a cover-up for some economies' inability or unwillingness to change to meet the China challenge. This book seeks to analyse and dispel the myths and expose the lies behind the political rhetoric of the China economic threat to the global economy, and to identify the real risk for Asia behind the perceived China threat. The fear that China's competitive stress would trigger another Asian crisis, as China gobbles up foreign demand and capital at the expense of Asia, is flawed. There are many stress points that could trigger another Asian economic crisis, including the region's bulging fiscal deficit, excessive foreign reserve build-up, insufficient structural reforms, an erroneous US monetary policy and even the rise of terrorism. But another Asian crisis is not inevitable. China could even be an opportunity for regional growth, helping to diffuse the regional time bomb

The fear that China's competitive stress would trigger another Asian crisis, as China gobbles up foreign demand and capital at the expense of Asia, is flawed. This book seeks to analyze and dispel the myths behind the political rhetoric of the China economic threat to the global economy, and to identify the real risk for Asia behind the perceived China threat. The book combines rigorous research thoughts, data, facts and economic logic with real world examples and anecdotes to elaborate the arguments. Conventional thinking is debunked and the findings are provocative and irresistible.

The fear that China's competitive stress would trigger another Asian crisis, as China gobbles up foreign demand and capital at the expense of Asia, is flawed. This book analyzes and dispels the myths behind the political rhetoric of the China economic threat to the global economy, and identifies the real risk for Asia behind the perceived China threat. The book combines rigorous research thoughts, data, facts and economic logic with real-world examples and anecdotes to elaborate the arguments. Conventional thinking is debunked and the findings are provocative and irresistible. Front Matter....Pages i-xxiv The New China Threat....Pages 1-18 A Conspiracy Theory....Pages 19-40 The Outsourcing Threat....Pages 41-60 The Next Asian Crisis: Made in China?....Pages 61-84 The Next Asian Crisis: Self-inflicted?....Pages 85-110 The External Stresses....Pages 111-132 The Real Danger Isn’t Another Crisis....Pages 133-156 What China Threat?....Pages 157-182 Hollowing-out, Revisited....Pages 183-193 Back Matter....Pages 194-204 Seeks to analyze and dispel the myths behind the political rhetoric of the China economic threat to the global economy, and to identify the real risk for Asia behind the perceived China threat. This book combines research thoughts, data, facts and economic logic with real world examples and anecdotes to elaborate the arguments Chi Lo argues that fear of China's competitive stress triggering another Asian crisis as China gobbles up foreign demand & capital at the expense of Asia is flawed