“Let China sleep, for when she wakes, she will shake the world.” Napoleon’s words seem eerily prescient today, as the shock waves from China’s awakening reverberate across the globe. In China Shakes the World, the former China bureau chief of the Financial Times, James Kynge, traces these tremors from Beijing to Europe to the Midwest as China’s ravenous hunger for jobs, raw materials, energy, and foodand its export of goods, workers, and investmentsdrastically reshape world trade and politics.
Delving beyond mere recitation of by-now-familiar statistics, Kynge’s on-the-ground reporting provides alternative explanations for China's explosive transformation, revealing many of the usual reasons given for its growth to be myths. Most important for the future, he details China’s deep, systemic weaknessesrampant fraud, crippling environmental crises, a corrupt banking system, faltering government institutions, a rapidly aging populationthat threaten even greater global disruptions. And he demonstrates the profound consequences of those weaknesses for American manufacturers, oil companies, banks, and ordinary consumers.
Through dramatic stories of entrepreneurs and visionaries, factory workers and store clerks at the heart of this global phenomenon, China Shakes the World explains how China’s breakneck rise occurred, the extraordinary problems the country now faces, and the consequences of both for the twenty-first century.
|Publisher:||Houghton Mifflin Harcourt|
|Series:||Edition 001 Series|
|Product dimensions:||6.00(w) x 9.00(h) x 0.69(d)|
About the Author
James Kynge, a journalist in Asia for two decades, is the former bureau chief of the Financial Times in Beijing. Fluent in Mandarin, he has visited every Chinese province and is the recipient of numerous journalism awards. He has spoken at the World Economic Forum and the National Committee on U.S.-China Relations and has appeared on CNN, the BBC, and National Public Radio.