No matter where you look, China is swamped with problems. The economy is a gigantic bubble and political infighting is paralyzing the regime.
To some, China is still an enigma and most outside of China only get a glimpse of what is happening in this gigantic nation through reports or official statistics. Not so for Fraser Howie: He spent several years working in China at the turn of the millennium and has written extensively about the topic.
His most recent book, “Red Capitalism” was named book of the year by The Economist and one of the first books to expose the debt machine within the Chinese banking system as well as the risks of the debt-filled growth model.
