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"An entertaining, if cautionary, tale of Western business woes in China, stretching back seven hundred years and including, naturally, the woes of recent years." Peter Wonacott, The Wall Street Journal
The China Dream
The Quest for the Last Great Untapped Market on Earth
978-0-8021-3975-7 • $15.00 • Paperback • Apr. 2003
In The China Dream, acclaimed business journalist Joe Studwell challenges the predictions that China will become an economic juggernaut on the world stage in the twenty-first centuryand instead foresees an economic crisis. Tracing the most recent developments in China from Deng Xiaoping’s “liberalization” of its market in the 1980s through the opening of its economy to foreign investment in the 1990s, Studwell examines the roadblocks to the continuation of the country’s unprecedented expansion and why its economy will fail once morebut this time, harder than ever before, and with potentially catastrophic results.
Provocative and flawlessly researched, The China Dream analyzes what’s really going on in Chinaand what we can do to prepare for the coming crisis.