Dealing with China: An Insider Unmasks the New Economic Superpower

Hank Paulson, the former US Treasury Secretary and CEO of Goldman Sachs, takes the reader behind closed doors to witness the creation and evolution of China's state-controlled capitalism.

When Hu Jintao, China's current leader, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs had played in helping China experiment with private enterprise. Four years later, Paulson (now Treasury Secretary) was looking at the world's second largest economy and fastest modernizing military from a different perspective--that of a statesman who was responsible for safeguarding the U.S. financial system from a behemoth he had helped to empower.

In DEALING WITH CHINA, the bestselling author of On The Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions:

• How did China become an economic superpower so quickly?
• Who really runs China's businesses?
• How does business get done there?
• What are the best ways for Western business and political leaders to engage, compete with, profit from and beat China?
• Can China be stopped?

DEALING WITH CHINA is written in the same anecdote-rich, page-turning style as his memoir, On The Brink.

"Delivers a highly personal, you-are-there feeling for how top players in government and finance staved off a disaster."

-- BusinessWeek, on Paulson's ON THE BRINK

"Engaging, well-written narrative."

--Wall Street Journal, on Paulson's ON THE BRINK

"Henry Paulson was for better or worse the leader throughout the crisis. Throughout the book Paulson truly shines."

--Daily Markets, on Paulson's ON THE BRINK

NEW YORK TIMES BESTSELLER
DEALING WITH CHINA takes the reader behind closed doors to witness the creation and evolution and future of China's state-controlled capitalism.

Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Paulson had a pivotal role in opening up China to private enterprise. Then, as Treasury secretary, he created the Strategic Economic Dialogue with what is now the world's second-largest economy. He negotiated with China on needed economic reforms, while safeguarding the teetering U.S. financial system. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades.

In DEALING WITH CHINA, Paulson draws on his unprecedented access to modern China's political and business elite, including its three most recent heads of state, to answer several key questions:

• How did China become an economic superpower so quickly?
• How does business really get done there?
• What are the best ways for Western business and political leaders to work with, compete with, and benefit from China?
• How can the U.S. negotiate with and influence China given its authoritarian rule, its massive environmental concerns, and its huge population's unrelenting demands for economic growth and security?

Written in the same anecdote-rich, page-turning style as Paulson's bestselling memoir, On the Brink, DEALING WITH CHINA is certain to become the classic and definitive examination of how to engage China's leaders as they build their economic superpower.

NEW YORK TIMES BESTSELLER
DEALING WITH CHINA takes the reader behind closed doors to witness the creation and evolution and future of China's state-controlled capitalism.

Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Paulson had a pivotal role in opening up China to private enterprise. Then, as Treasury secretary, he created the Strategic Economic Dialogue with what is now the world's second-largest economy. He negotiated with China on needed economic reforms, while safeguarding the teetering U.S. financial system. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades.

In DEALING WITH CHINA, Paulson draws on his unprecedented access to modern China's political and business elite, including its three most recent heads of state, to answer several key questions:

• How did China become an economic superpower so quickly?
• How does business really get done there?
• What are the best ways for Western business and political leaders to work with, compete with, and benefit from China?
• How can the U.S. negotiate with and influence China given its authoritarian rule, its massive environmental concerns, and its huge population's unrelenting demands for economic growth and security?

Written in the same anecdote-rich, page-turning style as Paulson's bestselling memoir, On the Brink, DEALING WITH CHINA is certain to become the classic and definitive examination of how to engage China's leaders as they build their economic superpower.

The New York Times bestselling author of Dealing with China takes the reader behind closed doors to witness the creation and evolution and future of China's state-controlled capitalism.

Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Paulson had a pivotal role in opening up China to private enterprise. Then, as Treasury secretary, he created the Strategic Economic Dialogue with what is now the world's second-largest economy. He negotiated with China on needed economic reforms, while safeguarding the teetering U.S. financial system. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades.

In Dealing with China, Paulson draws on his unprecedented access to modern China's political and business elite, including its three most recent heads of state, to answer several key questions:

How did China become an economic superpower so quickly?
How does business really get done there?
What are the best ways for Western business and political leaders to work with, compete with, and benefit from China?
How can the U.S. negotiate with and influence China given its authoritarian rule, its massive environmental concerns, and its huge population's unrelenting demands for economic growth and security?

Written in the same anecdote-rich, page-turning style as Paulson's bestselling memoir, On the Brink, Dealing with China is certain to become the classic and definitive examination of how to engage China's leaders as they build their economic superpower.

Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Hank had a pivotal role in opening up China to private enterprise. Then as Treasury secretary, he oversaw a series of Strategic Economic Dialogues with what had become the world's second-largest economy. While engaging China on needed reforms-and safeguarding the teetering U.S. financial system-Paulson negotiated with scores of top Chinese officials, including Xi Jinping, the man who today is supreme leader.
In DEALING WITH CHINA, Paulson draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions:

How did China become an economic superpower so quickly?

How does business really get done there?

What are the best ways for Western business and political leaders to work with, compete with, and profit from China?

How should the United States deal with China within the strictures of its authoritarian rule, its massive environmental concerns, and its huge population's unrelenting demands for economic growth and security?



Written in the same anecdote-rich, page-turning style as Paulson's bestselling memoir, On the Brink, DEALING WITH CHINA is certain to become the classic and definitive examination of unlocking, building, and engaging an economic superpower.

Henry M. Paulson, Jr., former Secretary of the U.S. Treasury and CEO of Goldman Sachs, delivers a behind-the-scenes account of China's rise as an economic superpower.
When Hu Jintao, China's then vice president, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs played in helping China experiment with private enterprise. In DEALING WITH CHINA, the bestselling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions:

How did China become an economic superpower so quickly?

Who really runs China?

How does business get done there?

What are the best ways for Western business and political leaders to engage, compete, and beat China?

How can Western investors profit in China?

As the CEO of Goldman Sachs from 1999-2006 and then as the Treasury Secretary of the United States from 2006-2009 Hank Paulson has sat across the bargaining table from countless Chinese politicians as both a banker and a statesman. Since leaving Washington, the former Treasury Secretary has worked on bridging the gap between East and West through The Paulson Institute, which he describes not as a think tank but as a "think and do" tank.