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Book - Product Information
China, Inc.: How the Rise of the Next Superpower Challenges America and the World
Ted C. Fishman
Rating: 3.5/5 Stars
Rank: 695
China has the world's most rapidly changing large economy, and according to
Ted Fishman, it is forcing the world to change along with it. "No country
has ever before made a better run at climbing every step of economic
development all at once," he writes, in China, Inc.: How the Rise of
the Next Superpower Challenges America and the World.
China is
currently the largest maker of toys, clothing, and consumer electronics,
and is swiftly moving up the ladder in car production, computer
manufacturing, biotechnology, aerospace, telecommunications, and other
sectors thanks to low-cost, high-tech factories.
China is also where the
world is investing. In 2004, for instance, the city of Shanghai alone
attracted over $12 billion in direct foreign investment, roughly the same
amount as all of Indonesia and Mexico received.
In tracing China's
ascendancy over the past 30 years (with annual growth of an astonishing
9.5 percent), Fishman presents a flood of facts, figures, forecasts, and
anecdotes and examines the implications of this unprecedented growth for
China, the U.S., and the rest of the world. Calling China's huge
population "arguably the greatest natural resource on the planet," Fishman
details how hundreds of millions of peasants have migrated from rural to
urban areas to find manufacturing jobs, providing an unlimited, low-wage
workforce to power China's economy.
In the process, this shift has changed
both Chinese culture and the global business climate in significant ways.
Simply put, American companies can't compete with wages as low as 25 cents
an hour and lack of regulation and oversight, so are forced to move their
operations to China or completely change the focus of their business. And
it's not just a problem for the U.S.--even Mexico is outsourcing to China.
Though it remains to be seen whether this will truly be the "Chinese
Century" as Fishman asserts, China, Inc. is a brisk and informative
look at why so many American corporations, and American jobs, are heading
to China. --Shawn Carkonen
Editorials
Sample 3 of 7
China, Inc.: How the Rise of the Next Superpower Challenges America and the World
Ted C. Fishman
![]() | | | From Publishers Weekly | | A lively, fact-packed account of China's spectacular, 30-year
transformation from economic shambles following Mao's Cultural Revolution
to burgeoning market superpower, this book offers a torrent of statistics,
case studies... read full editorial |
![]() | | | From Booklist | | China has become the world's largest maker of consumer electronics,
manufacturing more TVs, DVD players, and cell phones than any other
country. It also is the leader in making shoes, clothes, and toys. The
country is buying... read full editorial |
![]() | | | Download Description | | "China today is visible everywhere -- in the news, in the economic
pressures battering america, in the workplace, and in every trip to the
store. provocative, timely, and essential, this dramatic account of
china's growing... read full editorial |
Customer Reviews
Sample 3 of 29
China, Inc.: How the Rise of the Next Superpower Challenges America and the World
Ted C. Fishman
![]() | | | Somebody Finally Gets It Right about China | | (New York, NY United States) March 23, 2005 - 5.0/5 stars | | I spent most of the period from 2001 - 2004 living and teaching in Suzhou,
China, a smallish city by Chinese standards that, in the last decade, has
come out of nowhere to have the fourth largest GDP in the country... read full review |
![]() | | | China's Economic Viability Is All in Its Numbers | | (San Francisco, CA USA) May 10, 2005 - 4.0/5 stars | | China's impending takeover of the global economy is not news, but author
Ted C. Fishman lends a welcome and provocative perspective to this
inevitable development. He informs us that in 1949, the Chinese Communists
broke... read full review |
![]() | | | For a complete perspective on China.... | | (San Francisco, CA USA) June 9, 2005 - 3.0/5 stars | | read the "Nine Commentaries on the Communist Party" - at
www.english.epochtimes.com. A series of articles that explores the
history of the CCP; first published in the Epoch Times - the most widely
distributed Chinese... read full review |
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