Description
"If the 20th was the American century, then the 21st belongs to China. It's that simple, Ted C. Fishman says, and anyone who doubts it should take his whirlwind tour of the world's fastest-developing economy" -The New York TimesChina today is visible everywhere-in the news, in the economic pressures battering the globe, 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 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 That China uses 40 percent of the world's concrete and 25 percent of its steel? Why do nearly all of the world's bigger companies now 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?