Embeded Power: Chinese Government and Economic Development

type
status
date
slug
summary
tags
category
icon
password
Published
I have finished reading the book "Inside Things" in the past two days. In fact, it has been in my library for a long time. It was recommended by people around me. Lan Xiaohuan, the author of this book, is a professor at Fudan University, mainly engaged in studying China's economic development and political economy.
 
There should be no English version for the time being, and I don't know how to translate the title. Later, there will be a translation, and then change the title.
 
This book uses relatively common language to tell that in our country, the government not only affects the distribution of "cake", but also participates in the production of "cake". Taking government investment and financing as the main line, it is divided into two parts. The first part explains the micro-mechanism, including the basic affairs of the government, income, expenditure, land financing, development, investment, and debt. The second chapter explains the impact of these micro-behaviors on macro-phenomena, including urbanization and industrialization, housing prices, regional differences, debt risks, imbalances in domestic economic structure, international trade conflicts, etc. The book takes the government as the protagonist of analysis to help readers understand national political and economic events and news.
 
The book has a lot of content for real estate, and explains in detail the factors of house price rise, in 08-09, at that time just went to college, Wuhan house prices rose, Tianjin actually after 2000 in the price rise, but at that time little business, also no savings can invest in real estate, also rarely consider future things, did not discuss the purchase of real estate with family members, at that time settled down and real estate binding is also easier. Later mercilessly beaten by society! Then about 15 years later, at that time to society had a certain experience, this society also had a certain understanding, and sober realization that real estate enterprises began to increase leverage (frequent land king, push up house prices), but at that time it just started to work, or no money and the household registration system became strict, then in Beijing work, buy a house may still have the ability to pay down payment, but no household registration, there is no qualification to buy a house. Moreover, at that time, I already knew that there would be some possible changes in living abroad in the future, but I still didn't join the real estate investment arm and missed the opportunity.
 
The content of this book is very good. If foreign friends are interested in China politics, they can really go and have a look.
Loading...