Broken China: How the Economic Miracle Shattered and What It Means for the World

Name: Broken China: How the Economic Miracle Shattered and What It Means for the World
Brand: Polity Press
SKU: 9781509570676
Price: 2345.0 INR
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by Logan Wright

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ISBN13: 9781509570676
Binding: Hardcover
Subject: N/A
Publisher: Polity Press
Publisher Imprint: Polity Press
Publication Date: July 24, 2026
Pages: 272
Original Price: USD 25.0
Language: English
Edition: N/A
Item Weight: 539 grams
BISAC Subject(s): Political Economy

About The Book

Economic competition between the United States of China has been a defining issue of the twenty-first century. But after years of rapid growth, China's economy has faltered. How did its long-term economic outlook change so quickly? And can Beijing change course and preserve China's political ambition for global economic primacy?

In Broken China, Logan Wright offers an unflinching account of how China's economy hit the wall. Drawing on extensive experience analyzing the Chinese financial sector on the ground, he argues that China's economic slowdown is rooted in its financial system, and unprecedented credit expansion finally coming to an end. Opposing the prevailing myth that its leaders think and plan many years ahead, this book posits that there was no long-term plan that included the credit boom and bust that now constrains Beijing's options. Rather than crisis or collapse, Wright argues, China is suffering from a decay of its economic policy tools. As its domestic and foreign sectors face increasing pressure, the last thing Beijing needs is global pushback against Chinese exports.

With no clear path to recovery, China's economy is broken, the consequences of which will reverberate around the world.

About The Author

Logan Wright is a partner at Rhodium Group and leads the firm's work on the Chinese economy and its impact on the world. An experienced analyst of China's financial system, he is also a senior associate of the Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies.

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