One Hour China Book

Guest: Jeffrey Towson, Private Equity Investor, Professor at Peking University’s Business School in Beijing, Co-author of “The One Hour China Book” The press is fixated on China’s economic woes at the moment – a slumping stock market, looming debt crisis and possible recession. That’s quite a turnaround from the breathless reports of China’s booming growth and goldmine potential for investors that dominated coverage up until about a year ago. Neither take on China’s economy is particularly helpful, according to Jeffrey Towson. The country is developing so rapidly and on such a vast and complex scale that instability and chaos are natural.