The Chinese Century: The Rising Chinese Economy and Its Impact on the Global Economy, the Balance of Power, and Your Job (The Wharton Press Paperback Series)

Description

Within 20 years, or even less, China will have the world's largest economy. Already, China has the second largest economy in the world for direct foreign investment, behind the US. That will powerfully impact you: your job, your company, your economic future, and your country. Worldwide bestseller The Chinese Century reveals how China is restoring its imperial glory by infusing modern technology and market economics into a non-democratic system controlled by the Communist party and bureaucracy. Now in paperback for the first time, this book powerfully demonstrates how China's accelerating growth is leading to a radical restructuring of the global business system. Read it, and you'll discover why the U.S. is most vulnerable to China's ascent, how China is increasingly serving as a counterweight to American economic and geopolitical power, how China's disregard for intellectual property creates sustainable competitive advantage, how China is leveraging the world's most powerful pool of human resources, how China will sustain dominance in low-tech industries as it enters high-tech realms and how China's growth impacts every global business and consumer. The paperback edition includes a brand-new epilogue with up-to-the-minute strategies and tactics for competing with Chinese companies and succeeding in Chinese markets: best-practice approaches to everything from alliances to product development.

 

Table of Contents

Acknowledgments  xv

About the Author  xvi

 

Chapter 1:  The Dawn of the Chinese Century  1

Chapter 2:  The Middle Kingdom  25

Chapter 3:  Like No Other  41

Chapter 4:  From Socks to Aircraft  59

Chapter 5:  The Two-Dollar Rolex  81

Chapter 6:  The Business Challenge  101

Chapter 7:  East, East, and Away: Where the Jobs Are  121

Chapter 8:  A TV from Sichuan  145

Chapter 9:  China Rising  161

 

Epilogue to the Hardback Edition  177

Special Epilogue to the Paperback Edition  178

Endnotes  189

Index  197