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For 700 years. ever since outsiders first wrote about the place, the world has believed there are untold riches to be harvested in China. More recently, with the rise of globalisation, the spread of capitalism, and the growth in its population to 1.3 billion, the belief in China's unparalleled potential has taken on the order of an obsession. During the 90s, China astounded the world with double-digit annual growth rates while attracting over $300 billion in foreign investment. Politicians, economists and business leaders everywhere foresaw in China a market for goods and services to dwarf all others. In this thoroughly researched and engaging book, Joe Studwell provides a provocative analysis of the 'China Dream'. He takes to task these predictions of growth - and instead foresees an economic crisis for China in the wake of the foreign-investment gold rush of the last ten years. A crisis which will destroy the hopes of outsiders realising their investment dreams.
Biografía del autor
Joe Studwell has been a contributing writer to The Economist and was based in Beijing with The Economist Intelligence Unit. He is the founder and editor of The China Economic Quarterly.
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- EditorialProfile Books
- Año de publicación2002
- ISBN 10 1861973705
- ISBN 13 9781861973702
- EncuadernaciónTapa blanda
- Número de edición1
- Número de páginas384
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The China Dream : The Quest for the Last Great Untapped Market on Earth
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The China Dream.
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xx + 359pp, notes, index, bibliography, paperback. "For over 700 years, ever since the time of Marco Polo, the world has seen China as an unrivalled opportunity for expanding trade. Century after century, businessmen have invested time and resources only to have the economy crash and their dreams turn to dust. Yet they always return. In the 1990s, foreign corporations committed over $300 billion of capital to China - more than to any other country in the world bar the United States. In this provocative, endlessly engaging book, Joe Studwell tells the story of capitalism's quest of for the greatest untapped market on earth, of the corporations for whom dream turned to nightmare and, in the light of her accession to the World Trade Organisation, of China's perennial ability to keep investors coming back." Publisher's description. Nº de ref. del artículo: 54189
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