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Waking Dragon Lecture

Waking Dragon: The Emerging Chinese Economy and Its Impact on the World

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Publisher's Summary

At the dawn of the 21st century, China has emerged as the "factory floor" for global production, providing the world with cheap goods at the astonishingly low "China price". But there is a very steep price to pay for these low-budget consumables - a price that very well may have dire consequences for the health and security of the planet.

In this eye-opening series of lectures, business professor and best-selling author Peter Navarro dissects the coming China wars and their implications for all mankind. China's predatory economic policies are not just about inexpensive goods pricing out the competition. China's rapid economic growth has serious implications for issues ranging from oil prices and energy security to global warming and environmental pollution - and from U.S. political independence and financial market stability to hot-war military conflict.

Napoleon once said, "Let China sleep, for when she wakes, she will shake the world." Over the last 30 years, China has not merely risen from its slumber; its economic growth rate has been nothing short of astounding. Since 1980, China's economy has grown at the white-hot pace of 10 percent a year, while the size of its economy has doubled an incredible three times during that period.

Through this incredible growth process, China has now emerged as the powerhouse of global production. It sells to the world at competition-crushing low prices, often undercutting foreign competitors by 50 percent or more, and we as consumers benefit greatly.

Unfortunately, this story doesn't end with a cornucopia of cheap Chinese goods on our store shelves. Rather, it is a story about how the rapid and often chaotic industrialization of the most populous country on the planet has put China on a collision course with the rest of the world. With Professor Navarro's course, you will receive not only a detailed analysis of the burgeoning Chinese economy, but a long-range overview of the risks facing the worl...

©2007 Peter Navarro; (P)2007 Recorded Books, LLC

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  • Ovais
    Bedford, IN, United States
    06/03/10
    Overall
    "A Rant"

    This is unexpected in what is supposed to be a scholarly discussion or rather education. It turns out to be more of a sermon or a rant or at best propaganda that would be better suited to appear on Fox. It makes Tom Friedman appear fair and balanced. Modern scholar owes it to its listeners to do justice to this topic by making available a more well rounded analysis of China.

    6 of 9 people found this review helpful
  • Craig
    Calgary, Alberta, Canada
    31/03/11
    Overall
    "Too American Much American Jingoism"

    While Navarro raises a number of interesting points about China during the course of his lectures -- moreso in the last half, I should note -- he very deliberately bookends each of his lectures with hawkish, overly simplistic and pro-American rhetoric. Navarro frequently engages in rhetoric to the effect of "China is a bogeyman and threat to America" without making any real effort to provide context. Since Navarro actually does have a good facility for salient facts about China's situation and past -- usually buried in the middle of his lectures somewhere -- it is difficult to escape the sense that Navarro is deliberately hamming up the fear rhetoric in a ploy to make the book more salable to hawkish types in the United States. I have a background in international relations, and was disappointed by the overshadowing of a more balanced look at political and geostrategic issues by the bull-headed patriotism that Navarro often slips in to.

    3 of 5 people found this review helpful
  • christian
    Sonderborg, Denmark
    27/12/13
    Overall
    Performance
    Story
    "Political Propaganda!"
    What would have made The Modern Scholar better?

    This work has a badly hidden message, namely the advocating for the west to go to war with China. The idea seems to be, that sooner or later a war will be both necessary and desirable. The Modern Scholar-series should, as usually is the case, be informative and objective, without a trace of any political agenda. This episode makes one question the truthfulnes of the rest of the series.


    What do you think your next listen will be?

    The Best of Franz Kafka's Short Stories


    Would you listen to another book narrated by the narrator?

    No!


    What character would you cut from The Modern Scholar?

    Peter Navarro's personal opinion.


    Any additional comments?

    I am a big fan of The Modern Scholar-series, but 'Waking Dragon: The Emerging Chinese Economy and Its Impact on the World' was a huge disappointment.

    0 of 0 people found this review helpful
  • Walter
    Calgary, Alberta, Canada
    16/05/11
    Overall
    "Fear of the Truth"

    It is a time-honored and oft-used method to restore peace of mind in the face of a disturbing report: deny it and criticize the source.

    1 of 2 people found this review helpful

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