This thesis looks at the seemingly unbridled growth in credit and accompanying debt in China. It considers why the Chinese government has been unwilling in its practical manner to curb such a...Show moreThis thesis looks at the seemingly unbridled growth in credit and accompanying debt in China. It considers why the Chinese government has been unwilling in its practical manner to curb such a financially dangerous growth in outstanding, short term debts on projects which mostly only have lonbg term financial benefits. By taking a political economy look at the manner in which Chinese growth has turned financial and construction based, this thesis argues that the CCP's unwillingness for not acting on this financial bubble, is due to its core duties as mandated upon its self.Show less