This well-researched reveals China as an awakening giant, experiencing roaring growth and impressive technological advances. Not only does the country have the unrivalled productive power derived from its vast low-cost labour force but its one billion plus consumers have made it a lucrative market.
One of the reasons for its breathtaking economic growth is that rural people have been moving to the cities in large numbers. Three of the most interesting chapters are titled The Revolution Against The Communist Revolution, Pirate Nation (which examines the problem of counterfeits and brand theft taking place in China), and chapter 11: The Chinese Century.
The author examines the implications of this rising colossus for the world,
and for the West in particular. What if China manages to produce everything that the West does at half the cost? And at the same time as its industrial and knowledge economy is booming, the country is aggressively pursuing reliable sources of raw materials and acquiring foreign companies.
Its geopolitical influence is increasing, as is evident in its potentially dangerous friendship with
Iran(as part of an Asian Economic Co-operation Group that includes
Russia), and its growing influence in Africa (especially Sudan) and even in South America (Venezuela).
Time will tell if the Chinese economy is inherently sound and how far the country will take its alliances with rogue states like Iran. China's involvement in the Middle East might prove its undoing. The book provides all the latest statistics and plenty of intelligent analyses. It concludes with Notes, a Bibliography and Index.