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Call it Sinophrenia - the simultaneous belief that China will collapse in a bubble of debt, and accelerate ahead of the U.S. as the world's economic hegemon. It will do one. It can't do both. China: The Bubble that Never Pops interrogates the arguments, concluding that China is poised to defy the Cassandras of collapse, and continue its rise.
A provocative perspective on the fragile fundamentals, and forces for resilience, in the Chinese economy, and a forecast for the future on alternate scenarios of collapse and ascendance.
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