China, Inc.: How the Rise of the Next Superpower Challenges America and the World

Rating: 4.0/5 Stars
Rank: 468

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 dominance as an industrial super-power by journalist Ted C. Fishman explains how the profound shift in the global economic order has occurred -- and why it already affects us all.

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?

These are ground-shaking questions, and China, Inc. provides answers.Veteran journalist and former commodities trader Ted C. Fishman paints a vivid picture of the megatrends radiating out of China. Fishman's account begins with the burgeoning output of China's vast low-cost factories and the swelling appetite of its 1.3 billion consumers, both of which are being driven by historically unprecedented infusions of foreign capital and technological know-how.

Traveling through China's frenetic landscape of growth, Fishman visits the factories, markets, streets, stores, towns, and cities where the story of Chinese capitalism is being lived by one-fifth of all humanity.

Fishman also draws on interviews with Chinese, American, and European workers, managers, and executives to show how China will force all of us to make big changes in how we think about ourselves as consumers, workers, citizens, and even as parents.

The result is a richly engaging work of penetrating, up-to-the-minute reportage and brilliant analysis that will forever change how readers think about America's future.

Editorials

	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
	Review
	"China, Inc. is the amazing story of how the slumbering Red giant woke up and, at warp speed, transformed itself into the greatest superpower of the very near future -- with the biggest, tallest, longest, and fastest of just... read full editorial

Customer Reviews

	Note from the Author
	(Chicago, IL USA) March 21, 2005 - 5.0/5 stars
	Many thanks to the thoughtful reviewers and to those reading over the comments. Please note that there is more info, some entertaining notes and reviews on the book's website www.chinainc-book.com.
	Good book -- pendantic
	(Los Angeles, CA) March 8, 2005 - 3.0/5 stars
	This is a good compendium of statistics etc., and an excellent book for beginners -- especially those that have missed all the cover stories on China in BW, the Economist, Fortune and every other news magazine. But wait,... read full review
	Misrepresentations abound in Fishman's Book
	(New Jersey, United States) March 4, 2005 - 1.0/5 stars
	Mr Fishman discovers China. Misrepresentations abound. "China uses the massive power of its foreign currency reserves to keep the world price of the yuan marching in lockstep with the dollar." Back in 1994, when China... read full review

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