Dealing with China
An Insider Unmasks the New Economic Superpower
Henry M. Paulson
This book can be downloaded and read in Apple Books on your Mac or iOS device.
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.
A must read
If you are going to China on business, this is an essential book. In a fascinating narrative, Mr. Paulson describes the subtleties of doing deals in China and what it takes to thrive in their complex decision making system - As I am experiencing this myself.
Don't waste your time/money
I like Paulson, but this book is bad. There are a few interesting anecdotes about his time meeting important people, but not insightful. The last third of the book, after the anecdotes end, is wholly useless.
This whole book can be summed up with this: "We should help China, it's in everyone's interest, but it's going to be tough." Congratulations, now you know everything in this book (seriously).
Worst of all, the whole book feels like he is falling all over himself to avoid pissing off anyone with influence in China, since his Paulson Institute think-tank now works there. There is little real criticism of anything, and a whole lot of what looks like pandering to those with influence.
Dealing with China
Informative but some laborious reading at times. Awakens the mind to accepting China for what is, not what we want it to be
- Category: Business & Personal Finance
- Published: Apr 14, 2015
- Publisher: Grand Central Publishing
- Seller: Hachette Digital, Inc.
- Print Length: 400 Pages
- Language: English