Cracking the China Conundrum Huang Yukon Senior Associate Asia Program Carnegie Endowment for International Peace Washington DC

China's rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Cracking the China Conundrum provides a holistic and contrarian view of China's major economic, political, and foreign policy issues.Yukon Huang trenchantly addresses widely accepted yet misguided views in the analysis of China's economy. Despite extensive media and academic scrutiny, the conventional wisdom about China's economy is often wrong.

Huang explains that such misconceptions arise in part because China's economic system is unprecedented in many ways-namely because He examines arguments about the causes and effects of China's possible debt and property market bubbles, trade and investment relations with the Western world, the links between corruption and political liberalization in a growing economy and Beijing's more assertive foreign policies.