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China: The Balance Sheet: What the World Needs to Know About the Emerging Superpower (Institute International Econom)
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Binding: Hardcover
Dewey Decimal Number: 951.06
EAN: 9781586484644
ISBN: 1586484648
Label: PublicAffairs
Manufacturer: PublicAffairs
Number Of Items: 1
Number Of Pages: 224
Publication Date: April 17, 2006
Publisher: PublicAffairs
Studio: PublicAffairs
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Editorial Review:
China's emergence as a major international power is perhaps the most important development in world affairs of the 21st century. Now, this book provides an indispensable survey of that country, the world's largest-- a vast land with 1.4 billion people and the world's most dynamic economy.Over the past year, Dr. Bates Gill, C. Fred Bergsten, Nicholas R. Lardy, and Derek Mitchell have led four task forces through a rigorous exercise of investigation and intelligence, compiling and analyzing the authoritative data on China's economy, foreign and domestic policy, and national security. Now that material has been shaped into an accessible narrative filled with facts, but written for the general reader. The expert judgements presented in China: The Balance Sheet will inform policymakers in Washintgon, scholars and the business community for years to come.
Customer Reviews
Average Rating: 
Rating:  - Excellent overall treatment of China but China's growth has been greatly overestimated
This book contains an excellent ,overall assessment of China.It shows both the strengths and weaknesses of China.However,it is not the case that China's growth rate over the last 30 yaers has been 10 %.In late 2007,the World Bank,based on a complete reassessment of its estimates of Chinese price equivalents ,in terms of USA prices,based on standard purchasing power parity calculations,estimated China's Gross Domestic Product(gdp) to be no more than $6 trillion and not the $10-$11 trillion ... Read More
Rating: - An incredibly efficient review of what's up in China
This book is the best primer on the rise of China and the consequences to the United States that I have come across. Most other authors on the subject feel the need to have a strong thesis, either "China: House of Cards" or "China: Unstoppable Juggernaut". The team here presents a balanced and clinical view while venturing to conclusions on reccommended US actions as well. Well worth the quick read to cut through all the China hype/noise out there.
Rating:  - Little, No Credibility!
Pg. 4: "China's average wage is one-thirtieth of the U.S. and its average productivity level is equally lower (and wages, in any event account for only 20% of the cost of producing textiles and 5% of the cost of producing semiconductors)." If so, manufacturers that offshore in China would be stupid; alternatively, "China: The Balance Sheet" has a serious credibility problem. I go with the latter.
Nonetheless, this is still some value to the book for its statistics. For example, the authors ... Read More
Rating:  - China Background
I haven't read this book but have read several others by Nick Lardy and studied with him at Yale. I disagee with several reviewers who characterize Nick and his colleagues as ignorant about China and are simply imposing a western view. Nick was studying China and the economy (in Chinese) long before it was a popular subject and is intimately familiar with the country's economy. In a country where data is often obscured by politics, he has done an excellent job of piecing together disparate facts to achieve ... Read More
Rating:  - A book for politicians!
I find this book extremely dull because it is mainly made up of statements. But then I realise that, written by government think tanks, this book is for politicians.
If you are a general reader and want to understand how China is affecting the world, I recommend China Shakes the World or China Inc. And if are interested in the recent history of China (pre-1978), read Wild Swans.
If you are a business person and want to understand how to do business in China, I recommend The China Executive ... Read More
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