000			06045nam a22004693i 4500
001			EBC4773871
003			MiAaPQ
005			20240729131019.0
006			m o d |
007			cr cnu||||||||
008			240724s2017 xx o ||||0 eng d
020			_a9781787144095 _q(electronic bk.)
020			_z9781787144101
035			_a(MiAaPQ)EBC4773871
035			_a(Au-PeEL)EBL4773871
035			_a(CaPaEBR)ebr11376871
035			_a(CaONFJC)MIL1013194
035			_a(OCoLC)983797024
040			_aMiAaPQ _beng _erda _epn _cMiAaPQ _dMiAaPQ
050		4	_aHG3810-4000
082	0		_a330.951
100	1		_aLo, Chi.
245	1	0	_aDemystifying China's Mega Trends : _bThe Driving Forces That Will Shake up China and the World.
250			_a1st ed.
264		1	_aBingley : _bEmerald Publishing Limited, _c2017.
264		4	_c©2017.
300			_a1 online resource (279 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
505	0		_aFront Cover -- Demystifying China's Mega Trends -- Also by Chi Lo -- Copyright Page -- Contents -- List of Abbreviations -- Preface -- Chapter 1 A Bird's-eye View on China's Mega Trends -- No More Cheap Yuan -- Urbanisation and Demographics -- Changing Growth Structure -- From Basic Consumption to Luxury -- Shaking up the World's Political Economy -- Back to China -- Chapter 2 Future Growth: More Than a Binary Outcome -- What Do We Know? -- What Don't We Know? -- No Binary Outcome for the Future -- Stagnation, Like Father Like Son -- Not All Bets Are Off -- The Real Danger -- An Identity Crisis -- Is This as Good as It Gets? -- Evidence of Upgrading -- Chapter 3 Demographics: What Else before Hitting the Wall -- China's Demographic Tax -- Consumption to Rise with Ageing -- A Mega Trend of Rising Asset Demand -- The Inflection Point -- Ageing Is Forcing Changes -- China's Unwilling Consumer -- Labour Income Has Shrunk -- A Medium-Term Remedy -- Reverse Migration … -- … Is a Two-edged Sword -- Early Retirement Aggravates the Demographic Tax -- An Incentive Incompatibility Problem -- Chapter 4 The Beginning of the End of Excess Capacity -- The Loss of 'Animal Spirits' -- The Real Estate Super-cycle -- The Structural Problem -- Will Animal Spirits Return? -- China is Still under-Capitalised … -- …but also Suffers from Excess Capacity -- SOE and Excess Capacity -- The Way Out -- The Misunderstanding about Beijing's Power -- The Alignment of Market Forces -- Slaying the Zombies -- Supply-side Reform in Chinese Style -- Reform in the Good Old Days -- The Reality of Xi's Supply-side Reform -- Beijing still Means Business -- An Incentive Problem -- Chapter 5 The 'Debt Bomb' and Deleveraging Dilemma -- China's Debt in Perspective -- A Debt Bomb that won't Explode -- A Different Financial Structure -- The Debt-servicing and Efficiency Problems.
505	8		_aHow Might China's Debt Problem End? -- Chinese Banks to Crash? -- Deleveraging and Repricing of Risk Premium -- Corporate Debt and Systemic Risk -- SOE Reform with Mixed Ownership -- The Privatisation Conundrum -- What Signs to Look for? -- Biting the Bullet -- Chapter 6 Capital Account Liberalisation, Realities versus Myths -- Why Do It? -- Liberalisation with Chinese Characteristics -- The Inflow Channels -- The Outflow Channels -- The Two-way Flow Channels -- FTZs and Incentive Compatibility -- Potential Capital Flight -- The Stock Connect Schemes -- Debunking the Myths -- Liberalisation with Chinese Characteristics -- Chapter 7 The Great Emigration of Chinese Capital -- The First Signs of Capital Outflows -- Capital Flight versus Capital Outflows -- Drivers of Overseas Expansion -- The Changing Face of Chinese ODI -- A Different Type of Investor -- Chinese ODI, Friendly or Rogue? -- The Future of China's Capital Outflows and the World -- Crosscurrents -- A Genuine Concern -- Chapter 8 The Belt and Road Strategic Plan -- What Is in It for China? -- The Strategic Importance -- The Politics of the East-West Route -- The North-South Land Route -- The North-South Sea Route -- The Mekong Sub-region -- The Capital Linkage -- The BAR Limits -- The Exaggerated Fears -- Another Misunderstanding -- Chapter 9 Renminbi Gran Turismo -- No Big Deal for the Renminbi Yet -- Renminbi and the Demand for Money Theory -- Internationalisation Stuck in First Gear -- The Push into Europe -- Offshore Renminbi Pool is Key -- Pushing into South Korea -- Fostering a New Monetary Order -- Internationalisation Policy Downgraded -- Signs of a Slowdown in Renminbi Internationalisation -- A Portfolio Investment Implication -- Chapter 10 The Future of the Renminbi -- The Failure of the G3 Currencies -- The Role of the 'Chinese Dream' -- The Future Currency Demand.
505	8		_aBuilding an Empire for a Global Renminbi -- What Makes a Global Reserve Currency? -- The Other Attributes -- Does the Renminbi Measure Up? -- Forging Ahead -- It is a Matter of Credibility -- The Renminbi's Medium-term Outlook -- Bibliography -- Index.
520			_aThis new book examines the structural forces behind mega trends in China, refuting conventional wisdom and demystifying media and market hypes about business opportunity and policy. It uses rigorous economic research and evidence to provide a new view of mega trends in China, and expose new trends and problems that will affect China and the World.
588			_aDescription based on publisher supplied metadata and other sources.
590			_aElectronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
650		0	_aChina-Economic conditions.
655		4	_aElectronic books.
776	0	8	_iPrint version: _aLo, Chi _tDemystifying China's Mega Trends _dBingley : Emerald Publishing Limited,c2017 _z9781787144101
797	2		_aProQuest (Firm)
856	4	0	_uhttps://ebookcentral.proquest.com/lib/orpp/detail.action?docID=4773871 _zClick to View
999			_c121510 _d121510