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Summary

China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s, China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America.  

China's growth has lifted 700 million people out of poverty. It has also created a monumental environmental mess, with smog-blanketed cities and carbon emissions that are a leading cause of climate change. Multinational companies make billions of dollars in profits in China each year, but traders around the world shudder at every gyration of the country's unruly stock markets. Most surprising of all, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip.

How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt, and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? What do China's changes mean for the rest of the world? China's Economy: What Everyone Needs to Know® answers these questions in straightforward language that you don't need to be an economist to understand, but with a wealth of detail drawn from academic research, interviews with dozens of company executives and policy makers, and a quarter-century of personal experience.

Whether you're doing business in China, negotiating with its government officials, or a student trying to navigate the complexities of this fascinating and diverse country, this is the one book that will tell you everything you need to know about how China works, where it came from and where it's going.

©2016 Oxford University Press (P)2018 Tantor

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Interested and detailed

I am new to audio books and was interested in the Subject matter which is well research and delivered in detail on wish the narrator would have been easier to listen to. I would recommend this book if you are very interested in how China has developed since 1970 to 2014 and where China is going.

1 person found this helpful

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Great book learnt so much

Its a book i wish i had read many years before. It covers the electoral system to key issues

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a very good listen

a very informative listen. i really appreciated the unbiased nature of the author and the analysis based outcome of his rationale. brilliant stuff

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  • Cole Peters
  • 28-11-18

An interesting insight

good flow and packed full of details and a must read for anyone who wishes to know China from an economic viewpoint

4 people found this helpful

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  • Anonymous User
  • 17-05-19

Very informative but difficult to listen to

I found the information to be very interesting and timely. The book will help you understand the Chinese position in today's current events. My primary complaint is that the narrator speaks very robotically which makes it difficult to listen for longer periods.

3 people found this helpful

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  • Richard A Schramm
  • 25-04-21

Excellent Summary of a Compex Topic!

The author took what could have been 10 books and provided an excellent overview, with some depth, that is consumable for the interested reader using examples most can relate to. Highly recommend if you want to understand China's economy and the issues driving it.

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  • Robert M
  • 28-02-21

a pro-china take

This is an informative book about China that takes a pro-China perspective. A good primer on the Chinese economy that doesn't go into the weeds as much as I would have liked

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  • David
  • 12-12-20

China needs to mind its own busines.

Chinas nefareious handaling of poisonous virus is a planatery allert. This civilization is dangerous. To much "face" and not enough humility. After all, it can not even coppy and imbrove first generation five and six across American first generation passenger gets.

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  • KAYLA
  • 02-09-20

Informative but a tad dull

Nothing about the military or tax system or internal economy of the Communist party or relevance oh Hong Kong or Tibet. Useful for what it had to offer. Worthwhile by limited.

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  • Vedran Bukvić
  • 08-06-20

China’s development alternatives set in context

Manages to structure complexities of China’s developmental agenda. Book quantifies standard developmental metrics (GDPpc, rise in purchasing power, FDI trends, financial leverage, domestic fiscal capacity), contrasting China’s path to East Asian economies that have followed “Developmental state” theory.

Book introduces China’s institutional arrangement. Above mentioned trends are set in the political, environmental and social context. Linking developments to root policy decisions / reactions, to extent it is possible.

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  • Amazon Kunde
  • 07-04-20

robotic narration is distracting

The narration is so poor that it distracts from the actual content of the book. It almost sounded robotic - like if Siri had read the book. The pronunciation of Chinese names was absolutely egregious. I don't expect 100% authentic pronunciations, but in this book it was particularly bad.

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  • Anonymous User
  • 04-02-20

comprehensible and encompassing

a brilliant presentation of china's economy and future prospect using a simplified approach...
Book has great expository values and highly detailed with facts.

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  • Anonymous User
  • 06-11-19

great information, but a lot had happened since

I only wish it were written yesterday instead of 2015. one belt, one road has moved forward a great deal. I am very interested in the current statistics