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China today is visible everywhere -- in
the news, in the economic pressures battering america, in
the workplace, and in every trip to the store. provocative,
timely, and essential, this dramatic account of china's growing
dominance as an industrial super-power by journalist Ted C.
Fishman explains how the profound shift in the global 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? That
China uses 40 percent of the world's concrete and 25 percent
of its steel? What is the global impact of 300 million rural
Chinese walking off their farms and heading to the cities
in the greatest migration in human history? Why do nearly
all of the world's biggest companies now have large-scale
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 could happen
when China will be able to manufacture 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 the lives of all Americans?
These are ground-shaking questions, and
China, Inc. provides answers.Veteran journalist and
former commodities trader Ted C. Fishman paints a vivid picture
of the megatrends radiating out of China. Fishman's account
begins with the burgeoning output of China's vast low-cost
factories and the swelling appetite of its 1.3 billion consumers,
both of which are being driven by historically unprecedented
infusions of foreign capital and technological know-how. Traveling
through China's frenetic landscape of growth, Fishman visits
the factories, markets, streets, stores, towns, and cities
where the story of Chinese capitalism is being lived by one-fifth
of all humanity. Fishman also draws on interviews with Chinese,
American, and European workers, managers, and executives to
show 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.
Ted C. Fishman's essays and reports
have appeared in The New York Times Magazine, Money, Harper's,
Worth, Esquire, USA Today, GQ, Chicago magazine, and Business
2.0. His commentaries have been featured on Public Radio
International's Marketplace. A former floor trader
and member of the Chicago Mercantile Exchange, he ran his
own trading firm until 1992. He lives in Chicago. |
