A very long (100 pages too long...) rant about why China's economic and political system is supposedly going to crash in flames - or rather, what yet another US writer sees in contemporary China as the seeds of its future demise (rather than the US'). At some point the author seems to be suggesting China could implode like URSS. The book is generally quite well documented and gives some insights into the inner workings of the Communist Party and its influence on state-owned enterprises. I found the chapter on the (alleged) insolvency of Chinese banks particularly ironic in the current context, after 3 of Wall Street's top 5 investment banks went belly up - as far as I am aware, the People's Bank of China is still standing...
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