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CAIRO BOOKS's Description
The western world attributed China’s role as world’s largest financer of the
developed world and third largest economy in the world to new economic
efficiencies, a revolution in risk management and its own wise policies. China
and the Credit Crisis argues that if the extent of the role played in the new
prosperity by an emerging China, and the fundamental nature of the changes it
brought had been better understood, more appropriate policies and actions would
have been adopted at the time which could have avoided the crash, or at least
limited its impact.
China’s Credit Crisis examines the larger role that China will play in the
recovery from the current credit crisis and in the post-crisis world. It
addresses the major questions which arise from the financial crisis and discuss
the landscape of the post-credit crisis world, initially by continuing to
provide growth to a world deep in recession, and later by sharing global
economic and political leadership