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Is China Buying the World? Paperback – 6 Sep 2013


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Product details

  • Paperback: 120 pages
  • Publisher: Polity Press; 1 edition (6 Sept. 2013)
  • Language: English
  • ISBN-10: 0745660797
  • ISBN-13: 978-0745660790
  • Product Dimensions: 14.2 x 1.3 x 21.1 cm
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Bestsellers Rank: 395,680 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Product Description

Review

"China frightens the west. Rarely, however, do westerners look athow the world looks to China. Among the few westerners able to lookat the world from the Chinese point of view is Peter Nolan... In[this] thought–provoking book... he addresse[s] one of the bigfears about China that it is buying the world. His answeris no: we are inside China but China is not inside us."
Martin Wolf, Financial Times

"Peter Nolan knows more about Chinese companies and theirinternational competition than anyone else on earth, including inChina."
Financial Times

"This new book joins the debate with breath–taking depth andwidth, probing the very heart of the global economic system that wecurrently live in."
LSE Politics Blog

"A balanced and very honest analysis."
Global Journal

"Another excellent product of Nolan′s fruitful academic career. Inspite of its brevity, this highly readable yet rigorous volumeclosely engages many essential issues that directly concern thefuture of the world′s economic and political orders."
China Perspectives

"This is a useful little book; not only for its assessment ofChina, but also for its résumé of the globalised West andindeed worth a look for that alone."
Liberator

"A well–argued rebuttal of anti–Chinese xenophobia, full ofremarkable statistics."
The Age

"A slim and agile study of the eponymous question, whichprimarily seeks to debunk the growing myth."
International Affairs

′′This is an analysis which replaces rhetoric on Chinesecompanies with evidence′′
Business Week

"Nolan makes a convincing case against panic. Even China′s vastsovereign wealth is small compared to the market capitalisation ofthe companies listed on the stock exchanges of the West."
The CA Magazine

"Nolan′s slim factual volume is a model of clarity."
Morning Star

"An important perspective that challenges popularconceptions."
Publisher′s Weekly

"If you want to learn about large companies, their role in theglobal economy and in China′s rise, there is no better guide thanPeter Nolan: his analyses are factual, measured andpersuasive."
Vaclav Smil, University of Manitoba

About the Author

Peter Nolan is Professor of Chinese Management at the University of Cambridge and Director of the Chinese Big Business Programme at the Judge Business School. He has been centrally involved in discussions about the integration of China with the global economy and business system. He has testified before the US Congress′ US–China Economic and Security Review Commission and served as an Advisor to the World Bank. --This text refers to the Hardcover edition.

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Customer Reviews

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Most Helpful Customer Reviews

2 of 2 people found the following review helpful By R. WEST-SOLEY TOP 1000 REVIEWERVINE VOICE on 2 July 2013
Format: Hardcover Vine Customer Review of Free Product ( What's this? )
Nolan addresses a hot topic in a thoroughly balanced fashion, backing up his claims with hard data throughout. This short book presents its argument concisely, but clearly and, above all, fairly. Although he is arguing to redress the misjudged and sensationalised claims of the mass media, he nonetheless manages to construct a strong, sobre, evidence-led and balanced case. This acknowledges the economic miracle of China's recent growth, but holds this up against the almost insurmountable, entrenched position of big businesses in high-income, developed economies. As such, it's a brilliant myth-buster, and excellent reading for anyone curious about the truth behind those 'China buying the world' headlines.

Some awareness of economics concepts might be useful in getting the most from this book, but it's certainly not beyond the casual reader, or generally other non-economists with an interest in the social sciences or international development. Nolan certainly knows his way around the big names of global business, and you'll finish this book with a much clearer understanding of major operators in global concerns, systems integrator firms and supply chains. A rich set of data presented as a concise read.
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1 of 1 people found the following review helpful By @iGlinavos VINE VOICE on 5 May 2013
Format: Hardcover Vine Customer Review of Free Product ( What's this? )
There is a degree of frustration with picking up things and finding that everything is "made in China". China also features heavily in the press as the growing monster that will sooner or later eat the world. This book helps offer some well needed perspective about China`s operations, reach, expansion and their consequences. It highlights that the west is in a symbiotic relationship with China. It is a good book to read.
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By D. P. Mankin TOP 1000 REVIEWERVINE VOICE on 15 Oct. 2012
Format: Hardcover Vine Customer Review of Free Product ( What's this? )
It doesn't take long to read this book. It is a concise, highly accessible and extremely informative analysis of China's economic position and potential. It is lucidly written, very well argued and straightforward in its approach to the topic. The author, Professor Peter Nolan, clearly knows his subject and shrewdly ignores any literary gimmicks. Analysis and argumentation are based on data and facts - not hype or political bias. He shows that whilst China may possess the world's largest foreign exchange reserves this does not necessarily translate into global economic dominance. Global economics are not as simplistic as some (media, academic and political) pundits portray. In effect China is not `buying the world'. His approach is academically rigorous - and all the better for it. Highly recommended.
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By Denis Johnston on 12 Jan. 2014
Format: Kindle Edition Verified Purchase
I found this book offered a more balanced view of China's rise. Nolan cuts through the more hysterical reporting that we're used, his extensive experience of China is put to good use throughout. Fundamentally we are reminded that China is developing unlike previous rising powers in a world already dominated by the west, as a result it will take a long time before it truly becomes an economic superpower.
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1 of 2 people found the following review helpful By Craddock Edwards from Bristol VINE VOICE on 25 Aug. 2012
Format: Hardcover Vine Customer Review of Free Product ( What's this? )
This slim volume from Cambridge publishers Polity by Professor Peter Nolan, recognised worldwide as an authority on Chinese business (both inside and outside of China) takes a rather less hysterical view than many recent books about the rise of the Chinese economy and it's massive investments in raw materials and resources from all over the globe.

Yes, China is buying up mineral resources and investing in fertile lands for food production but that is really no different to what the West has been doing since capitalism was invented, although many of the West's takeovers were violent rather than financial.

However much many in the West may disagree with their methods, the Chinese Communist Party has an obligation to better the economic and cultural life of it's citizens hence it's international shopping spree which is carried out with the economic benefit of it's population in mind, rather than just the economic benefit of privately owned corporations and banks etc.

China is buying up resources and raw materials to feed both it's population and it's industries, it is not attempting to buy up or muscle into the technological might of the West's top 500 corporations. In fact it is welcoming inward investment by FT top 500 World Corporations to manufacture and produce the end products of it's burgeoning raw material imports.

Interesting to note that although China has the world's second biggest economy, only 29 of the world's biggest 500 corporations are actually Chinese owned! The West absolutely dominates the major global industries such as Aviation, Automobiles, Trucks,Shipbuilding, IT, Chemicals, Packaging,Plastics, Machine Making and others.
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By Daniel on 23 April 2014
Format: Paperback Verified Purchase
came on time, interesting read showing both sides of the argument on chinas economy. some good statistics included in the book
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