The China Crisis: How China's Economic Collapse Will Lead to a Global Depression Hardcover – May 28, 2013

Purchased this as one of three books, Crouching Tiger, Asia's Caldron and China Crisis, hoping to get up to speed on China following President elect Trump’s phone call with the Taiwanese President. The book was finished in November 2012 and published in 2013, so relatively current.The overall premise of the book, is that China, or the People’s Republic of China is inherently unstable because it’s government, the Chinese Communist Party, CCP, lacks legitimacy and must maintain itself through corruption and force. Gorrie draws the parallel between China and the Soviet Union, that after a period of extraordinary growth, the SU was brought down by its own contradictions, and the corruption that allowed the Communist Party to stay in power. Thought he did not compare the ages, SU last 74 years, 1919 to 1991, and the PRC was formed in 1949, he believes they are approaching a similar point where the corruption, and resulting inefficiency necessary to maintain the party will undermine the economy et al.My problem with the book is it is confusing as heck to read, it seems like it’s going in constant circles restating the some points over and over again. Part of that is that Gorrie outlines his thesis in chapter one, and used the balance of the book, I didn’t finish it, to provide the support of his argument. He has many more excellent points than just the comparison to the SU, so I basically liked the idea of the book.But it’s just poorly written and confusing to read. As an example; in chapter one, under the heading “Trading Partner to the World”, Gorrie notes the US has annual trade with China of $202 Billion and the "annual" trade deficit that has increased 18% since 2008 (written in 2012) to $503 Billion, no foot note. In the following paragraph the 2011 trade is $400 Billion with a deficit of $295 Billion which is footnoted?The other point, the narrative is written with an edge; his arguments I believe are convincing, but they are delivered in an un-objective, almost preachy tone. It almost undermines his thesis by giving the book a decided one sided feel.I moved on to the "Cauldron"

I was not well versed in either China or macro-economics.Gorrie's CHINA CRISIS was a huge help to me in profiling Chinese macro-economics. I am not in the position to adjudge the accuracy or validity of all of the author's presentations. However, they do offer a cogent starting point or frame of reference for subsequent information. His arguments mesh well with Hayek's works on the problems with centralized planning. Gorrie frames much of China's inherent difficulties with the concept of the "tragedy of the commons". There may be some advantage in spelling out the full context of the "tragedy of the commons". The short hand version may not be as effective if the reader is not already aware of the argument. In his next edition, he may wish to cite Garrett Hardin for establishing that concept.

Many in the west are led to believe what China has achieved is to be admired - and if pulling people out of poverty is to be admired, then that has been achieved and is deserving. But Gorrie goes well behind that to look at the powerplay by the Chinese government over its people to retain that facade of economic "miracle" at any cost - and what a cost it has been, environmentally and socially - we cannot console ourselves that these costs are somehow internalised, that its only "their" problem. Unlike the previous CCP experiments that failed so badly like the Great Leap Forward, China's failure here risks taking us all down with it - we ignore this book's warnings at all our peril.

I read the entire book but could not find the answer to the question in the title: "How China's Economic Collapse Will Lead to a Global Depression". Perhaps the author was asking himself a rhetorical question. In which case, why put it in the title? A serious effort on the author's part to lower his own credibility.Overall, the theme of the book is: There is a crisis in China because there is a crisis in China and the author firmly believes in it. There is hardly any effort to convince a skeptic. It's just a long list of repetitive complaints about problems in China. The book may be well intentioned, but very poorly written.

Finally, a sobering and realistic look at the Middle Kingdom as it is today. Mr. Gorrie has cut through the CCP's opaque veil of propaganda and deception to give us a glimpse of the shocking conditions within. He makes most other commentaries on China look like the "puff pieces" they are. Thanks for a great read!

This was informative and an interesting read.

Although written in 2013, the premise of the book is current. This is political science for those who enjoy non-fiction and clarity rather than propaganda. The CCCP's intent to control its own population at all costs is supported by capturing world markets, achieving superiority, and assuming world leadership if not dominance is steadily coming to pass. While it is possible that the structure may yet implode by attempting too much, it seems aided and abetted by our own greedy and short-sighted leaders. Each chapter is summarized with a set of critical questions concerning that particular aspect of the rise of China. James Gorrie carefully explains the steps and strategies in the great political but dangerous game. It is enlightening to look back on his examples and predictions and understand how we came to be in the competition with this giant. It is worth evaluating our scores and considering what we might do next.

Excellent service and product would recommend

I do not know if this book has been well received at Cairns Australia. The publishers generally have a good reptutation