Stumbling Giant

The Threats to China's Future

Timothy Beardson

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Paperback

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English

Yale University
15 June 2014

History; Economic growth; Economic forecasting; Development economics

Can anything prevent China surpassing the United States and becoming the world’s superpower?

While dozens of recent books and articles have predicted the near-certainty of China’s rise to global supremacy, this book boldly counters such widely-held assumptions. Timothy Beardson brings to light the daunting array of challenges that today confront China, as well as the inadequacy of the policy responses. Threats to China come on many fronts, Beardson shows, and by their number and sheer weight these problems will thwart any ambition to become the world’s “Number One power.” Drawing on extensive research and experience living and working in Asia over the last 35 years, the author spells out China’s situation: an inexorable demographic future of a shrinking labor force, relentless aging, extreme gender disparity, and even a falling population. Also, the nation faces social instability, a devastated environment, a predominantly low-tech economy with inadequate innovation, the absence of an effective welfare safety net, an ossified governance structure, and radical Islam lurking at the borders. Beardson’s nuanced, first-hand look at China acknowledges its historic achievements while tempering predictions of its imminent hegemony with a no-nonsense dose of reality.

By: Timothy Beardson
Imprint: Yale University
Country of Publication: United States
Dimensions: Height: 235mm, Width: 156mm, Spine: 4mm
Weight: 549g
ISBN: 9780300205329
ISBN 10: 0300205325
Pages: 528
Publication Date: 15 June 2014
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

Timothy Beardson founded and ran Crosby Financial Holdings, at the time the largest independent investment bank in the Far East. Since the late 1990s he has been a frequent speaker on political, economic, environmental and strategic issues at such events as the World Economic Forum at Davos and at prominent universities. He is a permanent resident of Hong Kong.

Reviews for Stumbling Giant: The Threats to China's Future

'Timothy Beardson is a brilliant entrepreneur and investment strategist and his observations about China are sobering - and a must-read for the well-informed.' (Steve Forbes, Chairman and Editor-in-Chief, Forbes Media) 'A thoughtful reconsideration of China's actual place in the new world order, based on reality rather than fanciful speculation.' (Kirkus Reviews)