A thought-provoking and accessible forecast of strange times to come

Will China soon own the world? Perhaps.

“The opportunities now in China are too big to miss,” writes business journalist Fishman in his timely look at the Pacific Rim’s most powerful economic tiger. The national economy is expanding at annual rates (officially, 9.5 percent) that seem scarcely imaginable and scarcely sustainable. The impetus behind that growth is simple, the author notes: With a population of somewhere between 1.3 and 1.5 billion, the number of new businesses launched in the last generation exceeds 120 million, while the number of workers who have left the countryside to work in the cities exceeds the entire US workforce. China’s growth is without equal in modern history, Fishman argues, and it has disturbing implications for workers in the US and Europe. China is not only capturing more ...

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