ABSTRACT
This chapter discusses the first quarter gross domestic product (GDP) tumbled to 6.1 per cent, which was the slowest in the past few years following the massive pump-priming and record lending made by the Chinese banks, the country's second quarter GDP growth was expanded by 7.9 per cent. The resulting social, economic, environmental and political disharmony of recent China raises a critical awareness of the disengagement from the traditional Chinese philosophical spirit. The International Monetary Fund (IMF) world map regarding banking problems worldwide in 198096, clearly illustrates that most countries in the world, inhabited by well over 90 per cent of humanity, have experienced significant banking problems or worse during this recent period. Besides critical theory and feminism, participatory action research (PAR) is applied as the third methodology in the combined methodological approach adopted in this book in the light of deriving knowledge.
