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The Great Wall of Money

The Great Wall of Money PDF Author: Eric Helleiner
Publisher: Cornell University Press
ISBN: 0801454662
Category : Political Science
Languages : en
Pages : 289

Book Description
As an economic superpower, China has become an increasingly important player in the international monetary system. Its foreign exchange reserves are the largest in the world and its exchange rate policy has become a major subject of international economic diplomacy. The internationalization of the renminbi (RMB) raises critical questions in international policy circles: What kinds of power is China acquiring in international monetary relations? What are the priorities of the Chinese government? What explains its preferences? In The Great Wall of Money, a distinguished group of contributors addresses these questions from distinct perspectives, revealing the extent to which China’s choices, and global monetary affairs, will be shaped by internal political factors and affect world politics. The RMB is a likely competitor for the dollar in the next couple of decades; its emergence as an important international currency would have substantial effects on the balance of power between the United States and China. By illuminating the politics of China’s international monetary relations, this book provides a timely account of the global economy, the role of the renminbi in international relations, and the trajectory of China’s continuing ascendency in the coming decades.

The Great Wall of Money

The Great Wall of Money PDF Author: Eric Helleiner
Publisher: Cornell University Press
ISBN: 0801454662
Category : Political Science
Languages : en
Pages : 289

Book Description
As an economic superpower, China has become an increasingly important player in the international monetary system. Its foreign exchange reserves are the largest in the world and its exchange rate policy has become a major subject of international economic diplomacy. The internationalization of the renminbi (RMB) raises critical questions in international policy circles: What kinds of power is China acquiring in international monetary relations? What are the priorities of the Chinese government? What explains its preferences? In The Great Wall of Money, a distinguished group of contributors addresses these questions from distinct perspectives, revealing the extent to which China’s choices, and global monetary affairs, will be shaped by internal political factors and affect world politics. The RMB is a likely competitor for the dollar in the next couple of decades; its emergence as an important international currency would have substantial effects on the balance of power between the United States and China. By illuminating the politics of China’s international monetary relations, this book provides a timely account of the global economy, the role of the renminbi in international relations, and the trajectory of China’s continuing ascendency in the coming decades.

China's Great Wall of Debt

China's Great Wall of Debt PDF Author: Dinny McMahon
Publisher: HarperCollins
ISBN: 1328846024
Category : Business & Economics
Languages : en
Pages : 285

Book Description
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. In this unprecedented deep dive, McMahon shows how, lurking behind the illusion of prosperity, China’s economic growth has been built on a staggering mountain of debt. While stories of newly built but empty cities, white elephant state projects, and a byzantine shadow banking system, have all become a regular fixture in the press in recent years, McMahon goes beyond the headlines to explain how such waste has been allowed to flourish, and why one of the most powerful governments in the world has been at a loss to stop it. Through the stories of ordinary Chinese citizens, McMahon tries to make sense of the unique—and often bizarre—mechanics of the Chinese economy, whether it be the state’s addiction to appropriating land from poor farmers; or why a Chinese entrepreneur decided it was cheaper to move his yarn factory to South Carolina; or why ambitious Chinese mayors build ghost cities; or why the Chinese bureaucracy was able to stare down Beijing’s attempts to break up the state’s pointless monopoly over the distribution of table salt. 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.

The Great Wall

The Great Wall PDF Author: William Lindesay
Publisher: Sterling Publishing Company, Inc.
ISBN: 9781402731600
Category : History
Languages : en
Pages : 188

Book Description
It is arguably the greatest feat of civil engineering in history, and indisputably earth s largest single cultural relic: begun during the Qin Dynasty (around 208 BC) and completed nearly 1,800 years later during the Ming Dynasty, the Great Wall of China spans more than 4,000 miles. At the dawn of the Beijing Olympics, the eyes of all the world are upon it. Two men who navigated every inch of the Wall have collaborated on a lavishly-illustrated tribute to this amazing structure. Michael Yamashita, an award-winning "National Geographic" photographer, spent a year shooting the Wall, its environs, and the people who live in its shadow, for the magazine. One hundred and sixty of his magnificent photos grace this volume, which features text by William Lindesay, who not only conducts tours of the Wall and spearheads the movement to preserve it, but has actually run its entire length. Broken into three sections, "The Great Wall" provides an overview that debunks myths and dishes up rare facts and figures, a comprehensive history that proceeds dynasty by dynasty through its construction, and an account of Lindesay s personal experiences of the Wall."

A Great Wall

A Great Wall PDF Author: Patrick Tyler
Publisher: Public Affairs
ISBN: 1586486225
Category : History
Languages : en
Pages : 510

Book Description
Hailed as "absorbing" by the New York Times and "suspense-filled" by Foreign Affairs, Patrick Tyler's A Great Wall became an instant classic; a must-read for anyone concerned with the complicated and combative relationship between the world's biggest and the world's most powerful nations. And no one could tell this story better than Patrick Tyler, veteran journalist and former Beijing bureau chief of the New York Times. Using brilliant original reporting from his years in China; interviews with presidents, secretaries of state, Chinese officials, and other key leaders; and 15,000 pages of newly declassified documents, Tyler illuminates a relationship usually shrouded in secrecy, miscommunication, rivalry, fascination, and fear. A Great Wall is essential reading for anyone interested in China and anyone concerned with the shifting dynamics of post-Cold War geopolitics.

From Wall Street to the Great Wall: How Investors Can Profit from China's Booming Economy

From Wall Street to the Great Wall: How Investors Can Profit from China's Booming Economy PDF Author: Burton G. Malkiel
Publisher: W. W. Norton & Company
ISBN: 0393333582
Category : Business & Economics
Languages : en
Pages : 321

Book Description
Longtime friend and advisor to ordinary investors Burton G. Malkiel, together with a carefully selected team of coauthors, now gives them an investment strategy for accessing the world's fastest-growing economy. Drawing from the author team's on-the-ground experience in China, From Wall Street to the Great Wall details how average investors can tap into the opportunities China affords. Inside, readers will find: A compact tour of five hundred years of Chinese history and culture that offers readers a footing in this unique investing environment, with special emphasis on the Mao years and the rise of the reformist government of Deng Xiaoping, A hype-free, in-depth investigation of the Chinese stock market, estimating its efficiency and highlighting the best bets among Chinese firms and industries, Substantial coverage of the multinational corporations in the United States and elsewhere that stand to benefit from China's explosive growth, Overviews of the markets for commodities, real estate, and art and collectibles, as Malkiel leaves no investment possibility unexamined, Four fully realized and detailed investment strategies for China, drawn from Malkiel's broad experience and proven investment track record. Book jacket.

Young Money

Young Money PDF Author: Kevin Roose
Publisher: Grand Central Publishing
ISBN: 1455572322
Category : Business & Economics
Languages : en
Pages : 266

Book Description
Becoming a young Wall Street banker is like pledging the world's most lucrative and soul-crushing fraternity. Every year, thousands of eager college graduates are hired by the world's financial giants, where they're taught the secrets of making obscene amounts of money-- as well as how to dress, talk, date, drink, and schmooze like real financiers. Young Money is the inside story of this well-guarded world. Kevin Roose, New York magazine business writer and author of the critically acclaimed The Unlikely Disciple, spent more than three years shadowing eight entry-level workers at Goldman Sachs, Bank of America Merrill Lynch, and other leading investment firms. Roose chronicled their triumphs and disappointments, their million-dollar trades and runaway Excel spreadsheets, and got an unprecedented (and unauthorized) glimpse of the financial world's initiation process. Roose's young bankers are exposed to the exhausting workloads, huge bonuses, and recreational drugs that have always characterized Wall Street life. But they experience something new, too: an industry forever changed by the massive financial collapse of 2008. And as they get their Wall Street educations, they face hard questions about morality, prestige, and the value of their work. Young Money is more than an expose of excess; it's the story of how the financial crisis changed a generation-and remade Wall Street from the bottom up.

The Great Wall

The Great Wall PDF Author: Carlos Rojas
Publisher: Harvard University Press
ISBN: 0674266781
Category : History
Languages : en
Pages : 233

Book Description
Carlos Rojas presents a sweeping survey of the historical and political significance of one of the world’s most recognizable monuments. Although the splendor of the Great Wall has become virtually synonymous with its vast size, the structure’s conceptual coherence is actually grounded on the tenuous and ephemeral stories we tell about it. These stories give life to the Wall and help secure its hold on our collective imagination, while at the same time permitting it to constantly reinvent itself in accordance with the needs of each new era. Through an examination of allusions to the Wall in an eclectic array of texts—ranging from official dynastic histories, elite poetry, and popular folktales, to contemporary tourist testimonials, children’s songs, and avant-garde performance art—this study maps out a provocative new framework for understanding the structure’s function and significance. This volume approaches the Wall through the stories we tell and contends that it is precisely in this cultural history that we may find the Wall’s true meaning, together with the secret of its greatness.

The Great Wall of China

The Great Wall of China PDF Author: Cindy Jenson-Elliott
Publisher: Referencepoint Press
ISBN: 9781601525345
Category : Great Wall of China (China)
Languages : en
Pages : 0

Book Description
Built over two millennia, the Great Wall of China is one of the longest man-made structures in the world. The story of the Great Wall is an epic of opposing forces: hard labor and high achievement; power and powerlessness; literate culture and untamed nomads.

The Great Wall

The Great Wall PDF Author: John Man
Publisher: Da Capo Press
ISBN: 078673177X
Category : History
Languages : en
Pages : 384

Book Description
John Man travels the entire length of the Great Wall and across two millennia to find the truth behind the legends. Along the way, he delves into the remarkable and complex history of China--from the country's tribal past, through the war with the Mongols, right up to the modern day when the Great Wall is once more a commanding emblem of China, the resurgent superpower.

Great Wall of China

Great Wall of China PDF Author: Cynthia Kennedy Henzel
Publisher: ABDO
ISBN: 9781616135652
Category : Great Wall of China (China)
Languages : en
Pages : 36

Book Description
Traces the history of the Great Wall of China, explains why it was originally built, depicts the damage done to the Wall by neglect and tourists, and discusses China's attempt to preserve it by balancing tourism with conservation.