How has an enormous country once hobbled by poverty and Communist ideology come to be the supercharged center of global capitalism? What does it mean that China now grows three times faster than the United States? That China uses 40 percent of the world's concrete and 25 percent of its steel? What is the global impact of 300 million rural Chinese walking off their farms and heading to the cities in the greatest migration in human history? Why do nearly all of the world's biggest companies now have large-scale operations in China? What does the corporate march into China mean for workers left behind in America, Europe, and the rest of the world?
Meanwhile, what makes China's emerging corporations so dangerously competitive? What could happen when China will be able to manufacture nearly everything, computers, cars, jumbo jets, and pharmaceuticals, that the United States and Europe can, at perhaps half the cost? How do these developments reach around the world and straight into the lives of all Americans?
©2005 Ted Fishman; (P)2005 Tantor Media, Inc.
"Fishman has scrupulously examined the impact of China's phenomenal growth in this important book." (Booklist)
"A lively, fact-packed account of China's spectacular, 30-year transformation from economic shambles following Mao's Cultural Revolution to burgeoning market superpower." (Publishers Weekly)
If you are thinking of investing in China, you better read this first. This book tells both the progress and pitfalls of doing business in that country. It does a great job of expaining why things work the way they do in China. One thing that is very clear, when this "new" workforce is fully mobilized it will be a competitive force like the world has never seen.
Because this is a newly published book, it is a timely update on how China has broken into the 21st century and its implications for not only the US, but also the rest of the world.
The book is long and somewhat detailed, but very informative. The narration is similar to listening to a dull professor giving a lecture.
What a book ! So interesting and full of comparism. I will recommend it to anybody who has thoughts of what will happen tomorrow. Though there have be many changes since 2004, the trend to 2007 will be thought provoking. Looking forward to the next edition.
Although this book is somewhat slanted it does contain many facts about the rise of the Chinese economy and some of the many ways that it's influence is having an impact on the lives of Americans and others around the world, including the Chinese. If you need proof just go to any store and look at whats for sale and where it came from. China is a fast rising power and we all need to be aware of that. This book will give you some idea of why that should be important to you.
If you've ever wondered why everything seems to be made in China, and what the future may hold for this emerging superpower, then this is your book. History and current trends that are really interesting and give an incredible glimpse into the country and how it affects us in the west.
My several trips to China gave me a great base to juge the content of this book. The great insights I got from the book gave me a better understanding of China.
I don't presume to be an China expert by a long shot, but listening to this book on headphones while walking the streets of Shanghai (was there 4 years) it was really hard to stomach the book could possibly be talking about the same country as I was in. One example is the explanation that because labor is so cheap, a larger % of building costs goes to materials as was the case in the US 100 years back and thus everything being built is of such quality as the US had been. Has the author ever been to China at all and seen the amazing buildings everywhere which age 35 years and fall apart just 3 years after construction? Beyond absurd.
The author seems to be biased on China which is evident from the exaggerated claims on China's importance. Sure China will one day become the largest economy in the world, but, the role of India in that changed world seemed to have been belittled. China's economic liberalization started 35 years (early 1970s)ago and India's started 15 years (early 1990s)ago - hence China has a 20 year lead over India.
In the long run, the Indian model is going to be more sustainable as it is democratic based vs. autocratic Chinese approach
... I'm sorry I didn't. This book is seems to be written by someone on the China's Ministery of Propagada, if such things would exisit. It is full of empty and repeating trivia that I spen most of the time ffwding my player.
Comprehensive discussion of the economy of China in the 21st century. Interesting and enlightening; relates the inner-workings of strategic Chinese economic policy, Chinese entrepreneurs and systems of international trade, and how these policies and systems can or do effect western nations.
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