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 Times
China 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?
What would happen when China manufactures early 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 everyone?
These are ground-shaking questions, and China Inc. provides answers Veteran journalist Ted C Fishman paints a vivid picture of the megatrends radiating out of China. His 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 huge infusions of foreign capital and technological know-how, and 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 of penetrating, up-to-the-minute reportage and brilliant analysis that will forever change how readers think about America's future. ISBN:9780743284226
