The China Dream: How the Aspirations of Government, Business, and People are Driving the Greatest Transformation in History

by Jonathan A. Krane

Overview

WALL STREET JOURNAL BESTSELLER

“An American corporate executive’s paean to 21st-century China—and a call for doing business there.” —Kirkus Reviews

Many people do not have a full understanding of China today, yet it has created the greatest economic transformation in history.

Since the early 1990s, hundreds of millions of people have moved to cities in China, where they gain access to better schools, health care, and infrastructure, as well as higher-paying jobs.

China’s GDP has grown from $300 per capita to more than $10,000 in the past 30 years and lifted more people into the middle class than in any other country at any other point in human history. It is important for investors, US companies, and anyone interested in the global economy to understand China.

China is rapidly shifting from an export-driven, low-cost manufacturer to a consumer-driven economy, and the wealth of China’s 1.4 billion consumers continues to grow.

As the founder and CEO of KraneShares, an asset management company focused on China and headquartered in New York, author Jonathan A. Krane provides an inside look at China’s transformation into a global superpower and explains why the relationship between the US and China is the most critical economic relationship in the world today.

The China Dream is your guide to understanding China’s unmatched economic growth and fully realizing its status as an essential element in any well-designed investment portfolio, global business, and participation in the global economy.

Product Details

ISBN-13:	9781637741023
Publisher:	BenBella Books, Inc.
Publication date:	05/03/2022
Sold by:	Penguin Random House Publisher Services
Format:	eBook
Pages:	264
File size:	9 MB

About the Author

Jonathan A. Krane is the founder and CEO of KraneShares, an asset management firm delivering China-focused exchange traded funds to global investors. KraneShares focuses on providing expert access and products for investors to gain exposure to China’s capital markets. Jonathan has spent the last 15 years working with companies in China. He previously founded a leading media and entertainment company in China which was later sold to a publicly traded multi-national corporation. Jonathan received an MBA from Columbia Business School and a BA from Connecticut College. He is on the board of the US-China Strong Foundation and is a member of the Young Presidents Organization (YPO).

Table of Contents

Introduction Building Bridges 1

01 The China Dream 13

02 Differences That Unite 29

03 Where We Are 41

04 Doing Business Under the Five-Year Plan 59

05 Misconceptions 71

06 The Belt and Road Initiative 83

07 Financing Growth and Innovation 93

08 Urbanization, Megacities, and Smart Cities 105

09 Trends in Services and Technology 127

10 Commerce and Ecommerce 139

11 A Green China 165

12 A Healthy China 179

13 China at Leisure 195

14 Trade 205

15 The Future 231

Endnotes 235

Index 243