Red Flags: Why Xi's China Is in Jeopardy

A trusted economic commentator provides a penetrating account of the threats to China's continued economic rise Under President Xi Jinping, China has become a large and confident power both at home and abroad, but the country also faces serious challenges. In this critical take on China&;s future, economist George Magnus explores four key traps that China must confront and overcome in order to thrive: debt, middle income, the Renminbi, and an aging population. Looking at the political direction President Xi Jinping is taking, Magnus argues that Xi&;s authoritarian and repressive philosophy is ultimately not compatible with the country&;s economic aspirations. Thorough and well researched, the book also investigates the potential for conflicts over trade, China&;s evolving relationship with Trump, and the country&;s attempt to win influence and control in Eurasia through the Belt and Road initiative.