Synopses & Reviews
The updated edition of journalist Ted C. Fishman's bestselling explanation of how China is rapidly becoming a global industrial superpower and how the American economy is challenged by this new reality.
China today is visible everywhere -- in the news, in the economic pressures battering the globe, in our workplaces, and in every trip to the store. Provocative, timely, and essential -- and updated with new statistics and information -- this dramatic account of China's growing dominance as an industrial superpower by journalist Ted C. Fishman explains how the profound shift in the world economic order has occurred -- and why it already affects us all.
How has an enormous country once hobbled by poverty and Communist ideology come to be the supercharged center of global capitalism? What does it mean that China now grows three times faster than the United States? Why do nearly all of the world's biggest companies have large operations in China? What does the corporate march into China mean for workers left behind in America, Europe, and the rest of the world?
Meanwhile, what makes China's emerging corporations so dangerously competitive? What will happen when China manufactures nearly everything -- computers, cars, jumbo jets, and pharmaceuticals -- that the United States and Europe can, at perhaps half the cost? How do these developments reach around the world and straight into all of our lives?
These are ground-shaking questions, and China, Inc. provides answers.
Veteran journalist Ted C. Fishman shows how China will force all of us to make big changes in how we think about ourselves as consumers, workers, citizens, and even as parents. The result is a richly engaging work of penetrating, up-to-the-minute reportage and brilliant analysis that will forever change how readers think about America's future.
For decades, while America obsessed over Soviet spies, China quietly penetrated the highest levels of government. Now, for the first time, based on numerous interviews with key insiders at the FBI and CIA as well as with Chinese agents and people close to them, David Wise tells the full story of Chinas many victories and defeats in its American spy wars.Two key cases interweave throughout: Katrina Leung, code-named Parlor Maid, worked for the FBI for years, even after she became a secret double agent for China, aided by love affairs with both of her FBI handlers. Here, too, is the inside story of the case, code-named Tiger Trap, of a key Chinese-American scientist suspected of stealing nuclear weapons secrets. These two cases led to many others, involving famous names from Wen Ho Lee to Richard Nixon, stunning national security leaks, and sophisticated cyberspying. The story takes us up to the present, with a West Coast spy ring whose members were sentenced in 2010but it surely will continue for years to come, as China faces off against America. David Wises history of Chinas spy wars in America is packed with eye-popping revelations.
About the Author
Ted Fishman is a seasoned financial and economic journalist whose work has appeared in The New York Times Magazine, Money, Harper’s, Esquire, USA TODAY, and GQ. He is featured frequently on many of the world’s premiere broadcast news outlets. A Princeton graduate, Fishman is also a former floor trader and member of the Chicago Mercantile Exchange, where he ran his own derivatives arbitrage firm. He lives in Chicago.
Table of Contents
Introduction: The World Shrinks as China Grows
Chapter One: Taking a Slow Boat in a Fast China
Chapter Two: The Revolution Against the Communist Revolution
Chapter Three: To Make 16 Billion Socks, First Break the Law
Chapter Four: Meet George Jetson, in Beijing
Chapter Five: Chairman Mao Sells Soup
Chapter Six: Through the Looking Glass
Chapter Seven: The China Price
Chapter Eight: How the Race to the Bottom Is a Race to the Top
Chapter Nine: Pirate Nation
Chapter Ten: The Chinese-American Economy
Chapter Eleven: The Chinese Century
Chapter Twelve: One Last Story