The China Price Audiobook By Alexandra Harney cover art

The China Price

The True Cost of Chinese Competitive Advantage

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The China Price

By: Alexandra Harney
Narrated by: Karen White
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To write The China Price, Alexandra Harney has penetrated further and deeper into China's enormous ecosystem of export-oriented industry than any outsider before her. She uncovers the truth about how China is able to offer such amazingly low prices to the rest of the world. What she has discovered is a brutal, Hobbesian world in which intense pricing pressure from Western companies combines with ubiquitous corruption and a lack of transparency to exact an unseen and unconscionable toll in human misery and environmental damage. The recent scandals about Chinese-made toys, tires, and toothpaste drive home a central tenet of this book: What happens in Chinese factories affects all of us, everywhere.

In a country with almost no transparency, where graft is institutionalized and workers have little recourse to the rule of law, incentives to lie about business practices vastly outweigh incentives to tell the truth. Harney reveals that despite a decade of monitoring factories, outsiders all too often have no idea of the conditions under which goods from China are made. She exposes the widespread practice of using a dummy or model factory as a company's false window out to the world, concealing a vast number of illegal factories operating completely off the books.

Some Western companies are better than others about sniffing out such deception, but too many are perfectly happy to embrace plausible deniability as long as the prices remain so low. And in the Gold Rush atmosphere that has infected the country, in which everyone is clamoring to get rich and corruption is rampant, it's almost impossible for the Chinese government's own underfunded regulatory mechanisms to do much good at all. But perhaps the most important revelation in The China Price is how fast change is coming, one way or another.

©2008 Alexandra Harney (P)2008 Tantor Economics International International Relations Labor & Industrial Relations Politics & Government Trades & Tariffs China Taxation

Critic reviews

"A vivid portrait of factory life in the country that sells consumer goods for the lowest price possible." (Kirkus Reviews)
"Packed with facts, figures, and sympathetic portraits of Chinese workers and managers, Harney's is a perceptive take on the world's workshop." (Publishers Weekly)
All stars
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This book is very thoroughly researched -- unlike many journalists who write about China, it is clear the author both speaks Chinese and has a good understanding of the culture and history. Furthermore, it is a very balanced account - neither demonizing Walmart, the Chinese government, nor factory owners, but provides a good understanding of how each part fits into the big picture. Personally, I found the level of detail just right and the anecdotes very revealing.

Thoroughly Research, Balanced Account

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This is a great review of how China has arrived at where it is today. You get a better understanding of how and why China is.

Book seemed a little long in parts, but if you want to understand your competition or are looking to expand into China, this is a must read.

A great look inside China

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Would you consider the audio edition of The China Price to be better than the print version?

I have not read the print version

What was the most compelling aspect of this narrative?

That there are many human stories behind China's rise in the world. Like elsewhere, China's success was and continues to be built on the backs of the poor.

Which character – as performed by Karen White – was your favorite?

N/A

What’s the most interesting tidbit you’ve picked up from this book?

That China faces the same problems as everywhere else in the world and that and that they face them with the same political mixture of approaches as any other country.

Any additional comments?

I think that western education has given us the impression that China is a one mind totalitarian state. The book makes clear that this is not true.

many mistakes in china's success

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Examples are from the early 2000's to 2005/6, so almost a decade out of date.

Outdated

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This is a very good survey of the hidden costs of cheap Chinese manufacturing. The anecdotes are poignant and powerful. The prose is a little dry.

Very informative, a little bit dry

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