China Shakes the World : The Rise of a Hungry Nation Paperback
by James Kynge
Authoritative and fully up-to-date account by leading China expert on China's economic rise and how it will affect the world The new China, the nation that in 25 years has changed beyond all recognition is becoming an industrial powerhouse for the world.
James Kynge shows not only the extraordinary rise of the Chinese economy, but what the future holds as China begins to influence the world. On the eve of the British industrial revolution some 230 years ago, China accounted for one third of the global economy.
In 1979, after 30 years of Communism, its economy contributed only two per cent to global GDP.
Now it is back up to five per cent, and rising. Although China is already a palpable force in the world, its re-emergence is only just starting to be felt. Kynge shows China's weaknesses - its environmental pollution, its crisis in social trust, its weak financial system and the faltering institutions of its governments - which are poised to have disruptive effects on the world.
The fall-out from any failure in China's rush to modernity or simply from a temporary economic crash in the Chinese economy would be felt around the world.
- Format: Paperback
- Pages: 288 pages
- Publisher: Orion Publishing Co
- Publication Date: 02/07/2009
- Category: International finance
- ISBN: 9780753826706
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Review by vikesh90
Describing a country as huge as China is not an easy task, and specially when the country has its own set of contradictions, they have a communist government using capitalist methods to achieve necessary growth and momentum in the economy that keeps the country stable socially. James Kynge has done a wonderful job in describing the country, studying the different contradictions that the China story has to offer and also helps the reader to understand the implications of the rising nation. The narrative is a balanced one,and the fact that the author has spent a major part of his life in China and understands Mandarin, the local language gives an inside peep to the story which a mandarin illiterate guy could not have given.There are many books written on China, but they delve too deep into the politics and policies of the dragon nation and fail to give its implication in a proper manner, however the author, through the book tries to cover as comprehensively as possible the different meaning and implication of the rising nation.A must read if you want to understand the country