China, the Big Lie?

Download or read book China, the Big Lie? written by Mario Cavolo and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Did you know that millions of normal middle and lower-class Chinese are far wealthier than previously thought, hiding between 6 to 10 trillion dollars of shadow cash? Or that this astounding fact is rarely discussed by mainstream media gleefully driving the narrative that China's economy may be headed for a big slowdown? If not then China: The Big Lie? is right up your alley. In part one of China: The Big Lie? author Mario Cavolo provides a thoroughly researched, on-the ground look at the relationship between this secret wealth and the rest of Chinese society. He uses insightful analysis into topics as varied as the real estate market, online retail and the traditional Chinese family to capture the strength of China's economy. In part two Cavolo uses articles previously published for a U.S. investment website to offer further insight and commentary on his macro-bullish view of both the Chinese and global economy.