The Downfall of China or CCP 3.0? is a book for everyone that aspires to understand the enigmatic Middle Kingdom which has become so mighty that its domestic affairs are bound to play out also globally. The author describes why we now have arrived at a critical junction where the path chosen by the Chinese Communist Party (CCP) will decide whether it will face an impending downfall, or yet again can manage to radically transform itself and weather the storm. China has faced similar transformative moments before when the CCP cleverly managed to re-invent itself from its former hardcore Marxist dogmatism, that produced nothing but misery and impoverishment, commencing with the downfall of communism in Eastern Europe from 1989 onward. This CCP 2.0 was labelled socialism with Chinese characteristics, where a carefully staged semi-market capitalism was introduced and saved the CCP from its Eastern European peers’ demise. Now, the state commanded semi-market economy is showing signs of stagnation and coming to standstill, exacerbated through an ongoing trade war with the US and China is at a crossroads. Is the downfall of China imminent or can the Chinese Communist Party reinvent itself and create CCP 3.0? This book describes why we now have arrived at a critical junction where the path chosen by the Chinese Communist Party (CCP) will decide whether it will face an impending downfall, or yet again can manage to radically transform itself and weather the storm. AUTHOR: Niklas Hageback has an extensive background in psychology, working with behavioural finance, modelling irrational collective behavior at tier-one financial institutions and consulting firms, such as Deutsche Bank, KPMG, and Goldman Sachs. His previous works include the bestseller, The Mystery of Market Movements: An Archetypal Approach to Investment Forecasting and Modelling, The Virtual Mind: Designing the Logic to Approximate Human Thinking, and Idiots Breed Idiots: Why Men No Longer are Created Equal.
