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Red Flags

Why Xi's China Is in Jeopardy

George Magnus



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Yale University
15 September 2019
Asian history; 21st century history: from c 2000 -; Politics & government; Central government policies; International relations; Political economy
A trusted economic commentator provides a penetrating account of the threats to China's continued economic rise Under President Xi Jinping, China has become a large and confident power both at home and abroad, but the country also faces serious challenges. In this critical take on China's future, economist George Magnus explores four key traps that China must confront and overcome in order to thrive: debt, middle income, the Renminbi, and an aging population. Looking at the political direction President Xi Jinping is taking, Magnus argues that Xi's authoritarian and repressive philosophy is ultimately not compatible with the country's economic aspirations.

Thorough and well researched, the book also investigates the potential for conflicts over trade, China's evolving relationship with Trump, and the country's attempt to win influence and control in Eurasia through the Belt and Road initiative.

By:   George Magnus
Imprint:   Yale University
Country of Publication:   United States
Dimensions:   Height: 203mm,  Width: 128mm,  Spine: 22mm
Weight:   316g
ISBN:   9780300246636
ISBN 10:   0300246633
Pages:   248
Publication Date:   15 September 2019
Audience:   General/trade ,  ELT Advanced
Format:   Paperback
Publisher's Status:   Active

George Magnus is an associate at the China Centre at Oxford University, a research associate at the School of Oriental and African Studies, and former chief economist of UBS. He has written extensively about China in the Financial Times, Prospect, and other economic and financial publications.

Reviews for Red Flags: Why Xi's China Is in Jeopardy

George Magnus offers a forensic take on why the Chinese economy will continue to be bedevilled by politics and why it matters. -Isabel Hilton, New Statesman Red Flags lands with exquisite timing -Richard McGregor, Financial Times China's rise is the greatest story of our age. But will it continue? In this characteristically clear and compelling book, George Magnus explains the many challenges Xi Jinping's China must overcome, if it is to do so, and the many challenges it will pose to the rest of the world, if it does so. -Martin Wolf, Financial Times For insight into the dilemmas and decisions China's leaders, notably Xi Jinping, will face in the next decades, it would be hard to beat Red Flags. -Diane Coyle, author of GDP: A Brief but Affectionate History An excellent, tightly argued and fluently written analysis of the challenges that lie behind the China Dream. -Jonathan Fenby, author of Will China Dominate the 21st Century? An immensely important and powerful book from one of our premier commentators on economics. -Rana Mitter, author of China's War with Japan, 1937-1945 A nuanced, historically informed and highly readable account of why we should never be complacent about the People's Republic. -Kerry Brown, author of CEO, China

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