The Fragility of China’s Red Capitalism

RedCapitalismBK2011-01-04.jpg

Source of book image: http://media.wiley.com/product_data/coverImage300/63/04708258/0470825863.jpg

Red Capitalism is scheduled for release on February 15, 2011. I have not read it, but from early reports it would appear to be a credible account that updates and supports concerns about China’s economy expressed by David Smick (The World Is Curved) and others.

The reference is:
Walter, Carl E., and Fraser J. T. Howie. Red Capitalism: The Fragile Financial Foundation of China’s Extraordinary Rise. Hoboken, NJ: Wiley, 2011.

The Smick book mentioned, is:
Smick, David M. The World Is Curved: Hidden Dangers to the Global Economy. New York: Portfolio Hardcover, 2008.

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