Broken China by Logan Wright

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Broken China by Logan Wright

Economic competition between the United States and China has been a defining issue of the twenty-first century. But after years of rapid growth, China's economy has faltered. How did its long-term economic outlook change so quickly? And can Beijing change course and preserve China's political ambition for global economic primacy?

In Broken China, Logan Wright offers an unflinching account of how China's economy hit the wall. Drawing on extensive experience analyzing the Chinese financial sector on the ground, he argues that China's economic slowdown is rooted in its financial system, and an unprecedented credit expansion finally coming to an end. Opposing the prevailing myth that its leaders think and plan many years ahead, this book posits that there was no long-term plan that included the credit boom and bust that now constrains Beijing's options. Rather than crisis or collapse, Wright argues, China is suffering from a decay of its economic policy tools. As its domestic and foreign sectors face increasing pressure, the last thing Beijing needs is global pushback against Chinese exports. With no clear path to recovery, China's economy is broken, the consequences of which will reverberate around the world.

"Broken China provides an in-depth, data-enriched financial system explanation for China's economic growth challengesThis book covers an impressive range and weaves compelling macroecnomic analysis with fascinating anecdotes."
Zongyuan Zoe Liu, Maurice R. Greenberg Senior Fellow for China Studies, Council on Foreign Relations

Logan Wright is a partner at Rhodium Group and leads the firm's work on the Chinese economy and its impact on the world. An experienced analyst of China's financial system, he is also a senior associate of the Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies.

SKU Unavailable
ISBN 13 9781509570676
ISBN 10 1509570675
Title Broken China
Author Logan Wright
Condition Unavailable
Binding Type Hardback
Publisher Polity Press
Year published 2026-06-25
Number of pages 260
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.