China Shakes The World: The Rise of a Hungry Nation

China Shakes The World: The Rise of a Hungry Nation

by JamesKynge (Author)

Synopsis

We have long been looking for a book on the new China, the nation that in 25 years has changed beyond all recognition, becoming an industrial powerhouse for the world. James Kynge, China Bureau Chief of the Financial Times since 1998, shows not only the extraordinary rise of the Chinese economy, but what the future holds as China begins to influence the world. This is the book for anyone who wants to understand this astonishing turn-round. 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. As Kynge says, although China is already a palpable force in the world, its re-emergence is only just starting to be felt. Over the next decade the hunger for foreign jobs, raw materials, energy and food will reshape world trade, capital flows and politics. The outflow of Chinese manufactured products, tourists, students, corporate and personal investments will be felt keenly in some parts as the so-called 'bra wars' clothing disputes between China and the West has demonstrated. Kynge shows China's weaknesses - its environmental polution, 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.

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More Information

Format: Hardcover
Pages: 256
Edition: First Edition
Publisher: W&N
Published: 30 Mar 2006

ISBN 10: 0297852299
ISBN 13: 9780297852292
Book Overview: Author's expertise as Financial Times Bureau Chief in Beijing Interest in China burgeons with next Olympic Games to be held in China in 2008; and the next World Expo in Shanghai in 2010 TV interest in documentary series on the re-emergence of China

Media Reviews
balanced and very readable account... China Shakes the World is an excellent book, far more useful and sensible than most business bestsellers or the majority of general introductions to modern China... As Kynges wisely remarks, China owes its emergence as global powers to the freemarket system pioneered by the US, but has very different values from those in most countries that have grown up under the Pax Americana.The more it adapts those values, the more the rest of us are likely to applaud and make way for its continued extraordinary progress. -- Chris Patten Financial Times particularly well-written... brings alive all the complexities and contradictions of China's development... combines a fresh perspective with an eye for arresting detail. THE ECONOMIST sweeping, fluent essay... The author's touch is as deft as the brushstrokes in a Chinese landscape... it is the conclusions of the book that make it worth the reading time... He makes a sophisticated argument that by interweaving Chinese interests in peace and prosperity with those of the west, both parties will ultimately benefit. From a global point of view, he explains, China's emergence is of enormous virtue. SUNDAY TIMES ... pungent and discursive... This feels like China as it really is... The conclusions of Kynge's courageous essay are harsh but persuasive. -- MARTIN VANDER WEYER SUNDAY TELEGRAPH he is admirably knowledgeable about the subject and the country. He tells the story of China's rise with sympathy and insight. THE GUARDIAN a business book, but one with a strongly beating human heart,and it's a splendid introduction to what is happening in, and to, China today. What Kynge brings to the subject is a real passion fuelled by his years living there, which has also given him a depth and sophistication that few other China books can match. IRISH TIMES James Kynge's absorbing essay on the global effects of China's emergence as an economic superpower is filled with...telling colour and detail... he offers a wide-ranging analysis of the unprecendented challenge which China now offers to the West. SCOTLAND ON SUNDAY gripping -- RICHARD SPENCER DAILY TELEGRAPH captures the ambivalence that many intelligent people feel about the rise of China... excellent reporting. FAR EASTERN ECONOMIC REVIEW an in-depth study of China's recent , rapid economic growth... analyses the implications of this on the balance of world power and the global environment. FINANCIAL TIMES - SUMMER BOOKS This is the best type of reporter's book. Through direct observation and interviews James Kynge captures the awesome global phenomenon that is China... he draws thought-provoking conclusions. THE TABLET looks at China's rise from the inside out. TRAVELLER MAGAZINE If you can't make time to visit China - and you really, really should - invest some hours in this book instead to glean valuable insights into the coming revolution... switches seamlessly between critical and enamored, objective and immersed, from discerning detail to sweeping statement, backed by facts, figures and examples of a first class reporter. BLOOMBERG A sweeping and fluent account of how China is changing every aspect of the modern world. SUNDAY TIMES - SUMMER BOOKS
Author Bio
James Kynge has been a journalist in Asia for 19 years, covering many of the big events that have helped shape the region, including the Tiananmen Square massacre in Beijing and the bursting of the Japanese 'bubble' in the late 1980s. For seven years he was China Bureau Chief of the Financial Times in Beijing, and is now the Pearson Group's chief representative in China. He speaks Mandarin fluently and has visited every Chinese province. He has won a plethora of journalism awards. He graduated MA (hons) in Chinese and Japanese from Edinburgh University, lives in Beijing and is married with three children.