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Publisher's Summary

A stunning inside look at how and why the foundations upon which China has built the world’s second largest economy have started to crumble.
Over the course of a decade spent reporting on the ground in China as a financial journalist, Dinny McMahon gradually came to the conclusion that the widely held belief in China’s inevitable economic ascent is dangerously wrong. Debt, entrenched vested interests, a frenzy of speculation, and an aging population are all pushing China toward an economic reckoning. China’s Great Wall of Debt unravels an incredibly complex and opaque economy, one whose fortunes - for better or worse - will shape the globe like never before.
©2018 Dinny McMahon (P)2018 Recorded Books
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Critic Reviews

"Dinny McMahon is one of the finest chroniclers of China's economic rise and this book - with its mixture of personal observation and sharp economic analysis - is a timely warning of the pitfalls that lie ahead for the world's most populous nation. A most provocative read." (Jamil Anderlini, Asia Editor for the Financial Times)
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Customer Reviews

Most Helpful
5 out of 5 stars
By Walter R. Huber on 04-15-18

Overall wonderful book

This audiobook is well researched and the performance is well done. The person reading the book can properly pronounce the mandarin words and his delivery is good. The content of the book is well researched and the author uses data that includes the most recent cases and statistics. The case he makes is overall compelling and well stated. While I do not agree with all his ideas, the basic case that China’s debt burden is too large and a threat to the economy is generally correct. Others, notably Michael Pettit have made a related argument in the past as part of a larger point but this book updates earlier work and adds excellent examples. The book is also compelling and uses examples that are entertaining to make the larger points. For anyone interested in understanding China’s economy, this book is one of several worth reading. It doesn’t explain everything but it does a good job making a case that there is too much debt. I am not as pessimistic as the author in his conclusions but he does a good job at making his case.

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2 of 2 people found this review helpful

4 out of 5 stars
By Kent Taylor on 04-18-18

Enlightening!

For one who has watched the Chinese economy warily from a distance this book sheds light on the long & fascinating approach China’s leaders have ahead of them.

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1 of 1 people found this review helpful

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