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The Coming Collapse of China Paperback – July 31, 2001

by Gordon G. Chang (Author)

139 customer reviews

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China is hot. The world sees a glorious future for this sleeping giant, three times larger than the United States, predicting it will blossom into the world's biggest economy by 2010. According to Chang, however, a Chinese-American lawyer and China specialist, the People's Republic is a paper dragon. Peer beneath the veneer of modernization since Mao's death, and the symptoms of decay are everywhere: Deflation grips the economy, state-owned enterprises are failing, banks are hopelessly insolvent, foreign investment continues to decline, and Communist party corruption eats away at the fabric of society.

Beijing's cautious reforms have left the country stuck midway between communism and capitalism, Chang writes. With its impending World Trade Organization membership, for the first time China will be forced to open itself to foreign competition, which will shake the country to its foundations. Economic failure will be followed by government collapse. Covering subjects from party politics to the Falun Gong to the government's insupportable position on Taiwan, Chang presents a thorough and very chilling overview of China's present and not-so-distant future.

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Editorial Reviews

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"A compelling account of the rot in China's institutions and the forces at work to end the Communist Party's monopoly on power."
-James A. Dorn, Cato Institute, Washington D.C., co-editor of China's Future: Constructive Partner or Emerging Threat?

"Quite simply the best book I know about China's future. Gordon Chang writes marvelously and knows China well. I hope everyone concerned with that country will pay careful consideration to what he sees ahead."
-Arthur Waldron, Director of Asian Studies, American Enterprise Institute; Lauder Professor of International Relations, University of Pennsylvania

"A sobering look at how the unique Chinese experiment of market reforms under one-party dictatorship could go wrong. The author has combined first-hand experience with painstaking research. The often gloomy picture of the violent clashes between the forces of change and those of reaction is relieved by lively anecdotes and witty storytelling. A tour de force not to be missed."
-Willy Wo-Lap Lam, Senior China Analyst at CNN's Hong Kong office and author of "The Era of Jiang Zemin"

“Damning data and persuasive arguments that should set some Communist knees a-knocking.”
-Kirkus

"Gordon Chang takes us on a vividly observed voyage behind the scenes of China's so-called economic miracle, where it turns out that institutions are shaky, relationships corrupt, and success precarious. Chinese society is seething with unrest, and the ruling party is split. Chang has lived and done business in China for years. He is not afraid of making boldjudgments. When he warns that China's two centuries of troubles are still not over, we had better take notice."
-Andrew J. Nathan, Professor of Political Science, Columbia University; Co-Editor, The Tiananmen Papers

From the Hardcover edition.

About the Author

Gordon Chang has lived and worked in China for almost two decades, most recently in Shanghai, as counsel to the American law firm Paul Weiss. His articles on China have been published in The New York Times, The Asian Wall Street Journal, The Far Eastern Economic Review, and The International Herald Tribune. This is his first book.

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Product details

Paperback: 372 pages
Publisher: Random House; Presumed First Edition edition (July 31, 2001)
Language: English
ISBN-10: 0812977564
ISBN-13: 978-0812977561
Product Dimensions: 6 x 0.8 x 9 inches
Shipping Weight: 1.2 pounds (View shipping rates and policies)
Average Customer Review: 139 customer reviews
Amazon Best Sellers Rank: #57,340 in Books (See Top 100 in Books)
- #23 in Books > Travel > Asia > China > General
- #116 in Books > Business & Money > International > Economics
- #126 in Books > Business & Money > Economics > Theory

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Dr. Ronald Cutburth

This book has no substance to support its title. It should be called a Fiction title.

August 30, 2018

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There is no substance in the book to give it this title. The title seems more intended as slander when nothing in it gives technical analysis on the topic. The false title suggests the author is bent on revenge for his own wrongful thinking. In examining chapter by chapter, with their insulting language, I find no technical content that suggests any problems in China in that category. In total the book has no substance. It should be taken off the shelves as it needs a Fiction designation and does not warrant publication with a title that represents slander. Dr. Ronald Cutburth, engineering scientist, intelligence expert, strategic planning expert.

One person found this helpful2 people found this helpful

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Adrian Goff

History

September 15, 2017

Verified Purchase

Good book 16 years ago. Totally out of date today. I failed to notice the copyright date.

16 people found this helpful17 people found this helpful

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Trailrunner

Don't waste your money like I did

June 22, 2018

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Be aware that this book was written 20 years ago, is over priced, and everything it predicts would happen has not happened.

12 people found this helpful13 people found this helpful

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bobbye

Well researched!

September 4, 2018

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Gordon Chang is an expert emeritus on China, North Korea; indeed, the entire Far East. His books are easy [for a layman] to follow, and so timely! Hope he up-dates this very very soon!

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Hank Beyer

WHEN the book was written.

August 25, 2018

Verified Purchase

While I like Gordon Chang I didn't realize that it was written 15 YRs ago.
Had I known that I would not have bought it.

Very outdated opinion.

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Jamal Munshi

more depth would help

October 2, 2001

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the book is written in the hard hitting style of christopher lingle but it does not work. it gets shallow, out of place, and tiresome. it tries too hard. in some places the author tries his hand at the poetic anecdotal descriptions used by harrison salisbury and edgar snow but that too falls flat probably because there is not the richness of the years of personal interviews that formed the basis of the salisbury and snow classics. we can generalize that. the book does not present sufficient supporting material in terms of data and personal interviews. in that it is, once again, somewhat superficial. the most serious failing of the book i feel is that from the first sentence onwards the author tries to browbeat the reader into accepting his thesis. he quickly loses credibility. a tiresome repetition threads thru this volume as the author raises the pitch and level of his arguments with rhetoric and hyperbole. a cool headed analysis that takes note of both the achievements and the failings of deng reforms, an analysis that is more connected to the enormous amount of academic research that has been undertaken on the subject, would have been a greater contribution to helping us outsiders with the enigma of contradictions that most of us face when carrying out china research. the author does not display a depth of understanding of the issues. for example, in chastising the arithmetic in the financial statements of state owned enterprises (which he does with great satire) he seems not to understand the basics of fund accounting which the soe's still use. the real issue is not the grasp of arithmentic by soe accountants but whether fund accounting is appropriate in a market economy. one particular point i would like to address is the contrast between capitalism and socialism with respect to income disparity. a criticism of deng reforms that it is not progessing fast enough towards capitalism and that it is creating income disparity is a contradiction. you can't have it both ways.

25 people found this helpful26 people found this helpful

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JamesW

Three Stars

January 4, 2017

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I didn't realize it was written 15 years ago!

12 people found this helpful13 people found this helpful

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Roger Young

Engaging, but based on way too much opinion.

August 29, 2013

Verified Purchase

Wished that the book was more current, many of the prophesied events did not take place. Well written and insightful.

3 people found this helpful4 people found this helpful

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