The Wealth of China: Untangling the Mystery of the World's Second Largest Economy

China's near miraculous economic growth over the last thirty years gives rise to a series of conundrums: How did China eclipse two hundred years of Western growth in three short decades? Why have money and wealth grown so quickly in China? Why does the Chinese stock market experience such extreme rises and falls? Why is it so difficult to control property prices? Why are high interest loans becoming more and more prevalent? In The Wealth of China, financial observer Gao Qiang and economic scholar Yu Yi examine these and other questions in detail. From stock market bubbles to the prospect of financial deregulation, Gao and Yu combine their expertise to explore China's diverse and complex economy. Along the way, they untangle the central mystery of China's growth, with clear and candid commentary on a wealth of issues. Preface : The Chinese Model Of The Mystery Of China -- Why Are People Unable To Read The Chinese Economy? -- Why Is It Possible To Concentrate The Economic Miracles Of Two Hundred Years Into Just Over Thirty Years? -- Why Is There An Explosion Of Monetary Wealth In China? -- Why Does The Chinese Stock Market Run Contrary To The Chinese Economy? -- Why Is The Nation Of China Is Prosperous, While Her Citizens Are Not? -- Why Are Centralized Enterprises Sluggish, While Private Enterprises Are Lively? -- Why Can't Mighty Reforms Produce Mighty Enterprises? -- Why Do Housing Prices Keep Adjusting Higher And Higher? -- Why Is The Financial System Closer To Perfection, While Usury Is More Rampant? Gao Qiang, Yu Yi. Includes Bibliographical References (pages 203-220) And Index. Originally Published As 中国之谜:财富大爆发背后的真相 (the Mystery Of China : The Truth Behind The Explosion Of Wealth), 2012. China's stunning economic growth over the past three decades is mysterious to many observers. China's rise poses numerous questions; Chinese economic experts Gao Qiang and Yu Yi provide answers to them in "Wealth of China."