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China, Inc.

China, Inc.

How the Rise of the Next Superpower Challenges America and the World

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China today is visible everywhere -- in the news, in the economic pressures battering the globe, in our workplaces, and in every trip to the store. Provocative, timely, and essential -- and updated with new statistics and information -- this dramatic account of China's growing dominance as an industrial superpower by journalist Ted C. Fishman explains how the profound shift in the world 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? Why do nearly all of the world's biggest companies have large 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 will happen when China manufactures 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 all of our lives?

These are ground-shaking questions, and China, Inc. provides answers.

Veteran journalist Ted C. Fishman shows 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.
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  • Scribner | 
  • 368 pages | 
  • ISBN 9780743257350 | 
  • April 2006
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Chapter One: Taking a Slow Boat in a Fast China

The banks of the Huangpu River running through Shanghai do not just bend. They mind-bend. For a century and a half, the currents of change coursing through modern China have been more visible from Shanghai's banks than from anywhere else. Here Western powers pushed in most aggressively in the mid-nineteenth century, and later the Japanese made their claim in 1895. The foreigners established an all-but-independent city-state to run their China trade. Western tastes mingled with China's on such a grand scale that The Bund, then Shanghai's commercial center on the west bank of the river, looked... see more

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