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Red Flags

Why Xi's China Is in Jeopardy

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Red Flags

Written by: George Magnus
Narrated by: Derek Perkins
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About this listen

Will China rule the world, or will its dream turn into a nightmare? George Magnus, the trusted economic commentator on China, provides a penetrating account of the threats to China's continued rise.

Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.

President Xi, possibly now leader for life, is determined to realize the Chinese dream of rejuvenating the nation and consigning to history the "century of humiliation". But Magnus warns that the Middle Kingdom's future rests on the willingness of its leader to embrace reform and open up, a philosophy that is at odds with his actions to date.

Engagingly weaving together economics, politics, and history, Red Flags is an authoritative and lucid account of the troubled times that lie ahead for a nation whose economic fortunes are closely intertwined with our own.

©2018 George Magnus (P)2018 Blackstone Audio, Inc.
21st Century Asia International Relations Political Science Politics & Government Public Policy US Economy Dream Export Economic Inequality Imperialism Economic disparity Ancient China
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Accelerator-in-Chief

That is what is going to bring down Xi Jinping and the CCP.
As for the book, I'm currently at chapter 16 and I like it so far, but I don't see me giving this book anything higher than a 3/5.
This book goes over China's economic history, at least so far it has up to chapter 16. (I'm guessing it will be this way for all chapters.)

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Excellent book with a but....

It's heavy on economics and while the author may think he's making the content accessible to a broader audience, about half the book is not overly understandable. You can get the gist, but that's about it. If you worked in finance, or had an economics degree or minor, you would certainly have better luck. The other 50% of the book is understandable, extremely interesting and makes the book worth it. The media does a terrible job of telling North Americans how authoritarian China is. This book does a service to anyone who wants to better understand how the Communist Party in China operates and why we should be concerned about how China engages with the world. Definitely worth a listen.

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