The world has long considered China a juggernaut of economic strength, but since the global financial crisis, the country´s economy has ballooned in size, complexity and risk. Once dominated by four state-owned banks, the nation´s financial system is a tangle of shadow banking entities, informal financial institutions and complex corporate funding arrangements that threaten growth, stability, and reform efforts. The country has accumulated so much debt so quickly that economists increasingly predict a financial crisis that could make ´Brexit´ or Greece´s economic ruin seem minor and could undermine China´s ascent as a superpower. Earlier this year, President Xi Jinping issued an urgent call for reform that gives the country until 2020 to transform its economy - a vaguely defined objective that most economists agree is unrealistic. Whether or not China will be responsible for the next global recession, as some experts forecast, the fate of its economy will have far-reaching consequences for the rest of the world. Yet the inner workings of China´s financial system are still very much a mystery to most outsiders. Now more than ever, as the country´s slowing economy is being felt around the globe, it is essential to understand how China allowed its economy to become so mired in debt. China´s Great Wall of Debt is a penetrating examination of the country´s opaque financial system and the complex factors - demographic shifts, urbanisation, industrialisation, a pervasive over-reliance on debt-fuelled investments - that have brought the country to the brink of crisis. Anchored by stories of China´s cities and its people, from factory workers and displaced farmers to government officials and entrepreneurs, the narrative will take listeners inside the country´s ghost cities, zombie companies, start-ups and regulatory institutions as McMahon explains how things got so bad, why fixing the problems is so hard and what the economic outlook means for Ch 1. Language: English. Narrator: Dinny McMahon, Roger Davis. Audio sample: http://samples.audible.de/bk/twuk/002095/bk_twuk_002095_sample.mp3. Digital audiobook in aax.
Weijian Shan´s Out of the Gobi is a powerful memoir and commentary that will be one of the most important books on China of our time, one with the potential to re-shape how Americans view China, and how the Chinese view life in America.Shan, a former hard laborer who is now one of Asia´s best-known financiers, is thoughtful, observant, eloquent, and brutally honest, making him well-positioned to tell the story of a life that is a microcosm of modern China, and of how, improbably, that life became intertwined with America. Out of the Gobi draws a vivid picture of the raw human energy and the will to succeed against all odds.Shan only finished elementary school when Mao Zedong´s Cultural Revolution tore his country apart. He was a witness to the brutality and absurdity of Mao´s policies during one of the most tumultuous eras in China´s history. Exiled to the Gobi Desert at age 15 and denied schooling for 10 years, he endured untold hardships without ever giving up his dream for an education. Shan´s improbable journey, from the Gobi to the ´´People´s Republic of Berkeley´´ and far beyond, is a uniquely American success story - told with a splash of humor, deep insight, and rich and engaging detail. 1. Language: English. Narrator: David Shih. Audio sample: http://samples.audible.de/bk/gdan/003206/bk_gdan_003206_sample.mp3. Digital audiobook in aax.
In this searing exposé, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order. Central banks and international institutions like the IMF have overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks or balances. Meanwhile, the open door between private and central banking has ensured endless opportunities for market manipulation and asset bubbles - with government support. Through on-the-ground reporting, Prins reveals how five regions and their central banks reshaped economics and geopolitics. She discloses how Mexico navigated its relationship with the US while striving for independence and how Brazil led the BRICS countries to challenge the US dollar´s hegemony. She explains how China´s retaliation against the Fed´s supremacy is aiding its ongoing ascent as a global superpower and how Japan is negotiating the power shift from the West to the East. And she illustrates how the European response to the financial crisis fueled instability that manifests itself in everything from rising populism to the shocking Brexit vote. Packed with tantalizing details about the elite players orchestrating the world economy - from Janet Yellen and Mario Draghi to Ben Bernanke and Christine Lagarde - Collusion takes the listener inside the most discreet conversations at exclusive retreats like Jackson Hole and Davos. A work of meticulous reporting and bracing analysis, Collusion will change the way we understand the new world of international finance. 1. Language: English. Narrator: Ellen Archer. Audio sample: http://samples.audible.de/bk/hach/004442/bk_hach_004442_sample.mp3. Digital audiobook in aax.
Do you want to travel with ease and elegance, getting what you need when you need it? This is the solution for your communication problems when you travel to China. You can access the phrase you need from the following list of topics: bank, bar, boutique, bus travel, business meetings, café, car accidents, car rental, car travel, children, cinema, communication, consulate, customs, directions, discomfort, embassy, gas station, hairdresser, health, hotel, luggage, metro travel, money, passport, personal accidents, personal information, phone, plane and airport, professions, restaurant, supermarket, taxi, theatre, time and date, train travel, visa, and weather. 1. Language: English. Narrator: Angel. Audio sample: http://samples.audible.de/bk/acx0/051816/bk_acx0_051816_sample.mp3. Digital audiobook in aax.
The spectacular Beijing Olympics of 2008 signaled China´s arrival as a superpower on the world stage. The global economic crisis that followed in 2008-2009 saw it become banker to the West, poised to eclipse the United States. This new edition of Kathy Flower´s best-selling Culture Smart! China has been revised and updated by the author to take on board the transformation in China´s fortunes and the changing face of Chinese society. This edition of Culture Smart! China is the indispensable visitors´ guide to the complexities of a rapidly changing world power whose ancient culture and traditions owe little to the West. 1. Language: English. Narrator: Peter Noble. Audio sample: http://samples.audible.de/bk/drms/001403/bk_drms_001403_sample.mp3. Digital audiobook in aax.
The modern day city of Guangzhou is located in the mountainous region of south China. Near the Baiyun Mountains that rise from the edge of the city and the eastern banks of the Pearl River (Zhujiang), the city today covers approximately 7, 400 square kilometers. The location of the city provides it the opportunity to oversee the delta of the Pearl River, which is China’s third largest river. This has allowed the city historically and in the present to control the movement of goods into China while the proximity of the city to the South China Sea has allowed merchant ships from around the world to trade goods here. As a developing and expanding city, the land of Guangzhou has become a valuable commodity that attracts immigrants from regions of Southeast Asia, Europe, western Asia and Africa. Even within China itself, a large number of migrants have moved from other regions of China to Guangzhou making the Chinese migrant population around 30-40% resulting in the city deciding to limit its population growth by 2020 (Guangzhou Population 2018). Most of the residents of the city live in the central districts of the city. The local language of the people, known as Cantonese, is most commonly referred to as Cantonese, but is more formally known as Yueyu. Due to the high number of migrants from other regions of China it has become more common to also find people speaking Mandarin. Before the city became a thriving metropolitan area, many people had emigrated to other regions such as Southeast Asia and North America in search of job opportunities. Since the 1980s, populations of Cantonese have begun to return back to the city given the financial success of the region and it being one of the best commercial cities on the Chinese mainland (Cheng and Geng - April 6, 2017). 1. Language: English. Narrator: Bill Hare. Audio sample: http://samples.audible.de/bk/acx0/116368/bk_acx0_116368_sample.mp3. Digital audiobook in aax.
Our region is experiencing a momentous transition. The US-led order is fading, and China has become ever more powerful. Today the question we face is not whether we fancy living in an Asia in which power is shared between the United States and China. It is how we feel about living in an Asia in which America no longer plays any significant strategic role. In this controversial and gripping essay, Hugh White looks at what has happened to the US globally. He considers China´s growing assertiveness in our region. He dissects the leadership of Donald Trump. He analyses what all of this means for Australia, looking at marines in Darwin, the Asian Infrastructure Investment Bank, the role of Japan, fears of Chinese interference and more. Above all, he asks: where is this heading? How do we feel about living in a new Asia and how best to navigate a changed world? 1. Language: English. Narrator: Hugh White. Audio sample: http://samples.audible.de/bk/adbl/031353/bk_adbl_031353_sample.mp3. Digital audiobook in aax.