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Books > Business & Money > Economics > Development & Growth > 0190239034
  1. China's Economy: What Everyone Needs to Know®
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  2. China's Economy: What Everyone Needs to Know®

    Delivery: 10-20 Working Days
    Customer Ratings (29 reviews)
    Price R557.00

Additional Information

China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America.

China's growth has lifted 700 million people out of poverty. It has also created a monumental environmental mess, with smog-blanketed cities and carbon emissions that are a leading cause of climate change. Multinational companies make billions of dollars in profits in China each year, but traders around the world shudder at every gyration of the country's unruly stock markets. Most surprising of all, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip.

How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? What do China's changes mean for the rest of the world? China's Economy: What Everyone Needs to Know® answers these questions in straightforward language that you don't need to be an economist to understand, but with a wealth of detail drawn from academic research, interviews with dozens of company executives and policy makers, and a quarter-century of personal experience. Whether you're doing business in China, negotiating with its government officials, or a student trying to navigate the complexities of this fascinating and diverse country, this is the one book that will tell you everything you need to know about how China works, where it came from and where it's going.

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Arthur R. Kroeber
Oxford University Press
Oxford University Press
Oxford University Press
Oxford University Press
Oxford University Press
Most Helpful Customer Reviews

This is a very readable and clear explanation of the "rise of China." It is not very often that a book of non-fiction is difficult to put down, but I found myself caught up in the author's gripping account. He poses questions in each chapter that bring the story of China's rapid development to life. His answers are grounded in economic development theory, but in ways that bring out the best of this literature and how it relates to the Chinese case. There is a deluge of books on China's development and I have read quite a few of these. This one, however, is by far the best.
Certainly a lot of detail regarding China's economy, covers several of the most important aspects of business, finance and administration. But as in most economic publications some of the information can quickly become dated. But this still has some shelf life remaining.
Wonderfully written, thoroughly researched, organized in an easy to follow question and answer format, it is the best of the several books I have read about the rise of China, and I cannot recommend this book highly enough.
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