Wednesday, February 13, 2013

Books on China's Economic and Economic Development

Here are several titles that exmaine China’s economy and economic development:

China's Superbank: Debt, Oil, and Influence; How China Development Bank is Rewriting the Rules of Finance by Henry Sanderson and Michael Forsythe. Anyone wanting a primer on the secret of China's economic success need look no further than China Development Bank, which has displaced the World Bank as the world's biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In China's Superbank, Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China's domestic economic growth and how it is helping to expand China's influence in strategically important overseas markets.

Designated Drivers: How China Plans to Dominate the Global Auto Industry by G. E. Anderson. Anderson, a specialist in finance and Chinese political economics, uses the auto industry to examine how China's industrial planning works, and explores whether state involvement in the economy really is a winning formula for sustainable growth. Bringing to light the strengths and weaknesses that define the Chinese economy, Anderson finds that in some ways the government has become its own worst enemy, unable to choose between industrial competitiveness and social stability. Designated Drivers offers a unique insight into the Chinese economy through the lens of the auto industry, explores how successful the central government has been in spurring economic growth and the long-terms costs of intervention, and uses case studies to illustrate China's explosive growth over the last three decades.

The End of Cheap China: Economic and Cultural Trends that will Disrupt the World by Shaun Rein. The End of Cheap China is a fun, riveting, must-read book not only for people doing business in China but for anyone interested in understanding the forces that are changing the world. Rein puts China's continuing transformation from producer to large-scale consumer - a process that is farther along than most economists think - under the microscope, examining eight megatrends that are catalyzing change in China and posing threats to Americans' consumption-driven way of life. Each chapter focuses on a different aspect of China's transformation, from fast-improving Chinese companies to confident, optimistic Chinese women to the role of China's government, and at the end breaks down key lessons for readers to take away.

Inside the Chinese Mind: A Guide on How the Chinese Think by Geoff Baker and Helen Zhang. Co-authored by two "China Insiders"-one Western; the other, Chinese-both veteran business executives who have been working in China for over 25 years, this focuses on how the Chinese think conceptually, culturally, and practically, and how this relates and applies to contemporary China. The book is built around a central, balanced theme-to decipher why the Chinese behave in a certain manner when it comes to business dealings and working with foreigners.

From the Great Wall to the New World: China and Latin America in the 21st Century edited by Julia Strauss and Ariel Armony. Analysis of China-Latin America relations is usually dominated by policy analysis in political economy, defense strategy and bi-lateral relations. While integrating these topics, this volume also engages notions of 'going out' and 'arriving in' as metaphors to characterize a wide range of 'new' interactions between China and Latin America: transnational flows of capital and people, adaptation in industrial production and mining, the fluidity of perceptions between China and Latin America, stereotypes and 'othering' of Latin America within China, and changing rhetorical assumptions of the leadership for the China-Latin America relationship.

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