China, Inc. : How the Rise of the Next Superpower Challenges America and the World

Amazon Books
Copyright 2005

Editorial Review


China has the world's most rapidly changing large economy, and according to Ted Fishman, it is forcing the world to change along with it. "No country has ever before made a better run at climbing every step of economic development all at once," he writes, in China, Inc.: How the Rise of the Next Superpower Challenges America and the World. China is currently the largest maker of toys, clothing, and consumer electronics, and is swiftly moving up the ladder in car production, computer manufacturing, biotechnology, aerospace, telecommunications, and other sectors thanks to low-cost, high-tech factories. China is also where the world is investing. In 2004, for instance, the city of Shanghai alone attracted over $12 billion in direct foreign investment, roughly the same amount as all of Indonesia and Mexico received. In tracing China's ascendancy over the past 30 years (with annual growth of an astonishing 9.5 percent), Fishman presents a flood of facts, figures, forecasts, and anecdotes and examines the implications of this unprecedented growth for China, the U.S., and the rest of the world.

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by Ted C. Fishman.

michael mccafferty comments:

Regardless of what you thought about Richard Nixon he was absolutely brilliant when it came to world affairs. Way back in the 1980s former president Nixon predicted the rise of China as a major world superpower. It is happening. China is on the verge of taking over the USA as the world's major superpower.

This book tells the whole story and it is shocking. I highly recommend it to you.