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Books > Business & Economics > Economics > Development economics
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Stumbling Giant - The Threats to China's Future (Paperback)
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Stumbling Giant - The Threats to China's Future (Paperback)
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Can anything prevent China surpassing the United States and
becoming the world's superpower? While dozens of recent books and
articles have predicted the near-certainty of China's rise to
global supremacy, this book boldly counters such widely-held
assumptions. Timothy Beardson brings to light the daunting array of
challenges that today confront China, as well as the inadequacy of
the policy responses. Threats to China come on many fronts,
Beardson shows, and by their number and sheer weight these problems
will thwart any ambition to become the world's "Number One power."
Drawing on extensive research and experience living and working in
Asia over the last 35 years, the author spells out China's
situation: an inexorable demographic future of a shrinking labor
force, relentless aging, extreme gender disparity, and even a
falling population. Also, the nation faces social instability, a
devastated environment, a predominantly low-tech economy with
inadequate innovation, the absence of an effective welfare safety
net, an ossified governance structure, and radical Islam lurking at
the borders. Beardson's nuanced, first-hand look at China
acknowledges its historic achievements while tempering predictions
of its imminent hegemony with a no-nonsense dose of reality.
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