China’s Impossible Trinity The Structural Challenges to the “Chinese Dream”

China’s Impossible Trinity: The Structural Challenges to the “Chinese Dream” by Chi Lo, published by Palgrave Macmillan UK on July 27, 2015, offers an in-depth analysis of the policy choices facing China amid its structural reforms. This 1st edition, comprising 202 pages, examines the implications of the Impossible Trinity theory, which posits that a country cannot simultaneously maintain a fixed exchange rate, free capital movement, and an independent monetary policy. The book provides a framework for understanding the complexities of China’s economic landscape.

Readers will find a thorough exploration of the challenges that arise from these policy decisions, particularly in the context of China’s aspirations for economic growth and stability. The text delves into topics such as macroeconomics and monetary policy, presenting a critical perspective on the trade-offs inherent in China’s economic strategy. This edition serves as a resource for those interested in business and economics, particularly in relation to international finance and comparative economic systems.