The China Dream: The Elusive Quest for the Last Great Untapped Market on Earth: The Elusive Quest for the Greatest Untapped Market on Earth [Paperback]

"For all those interested in investing or doing business in China, the book makes enlightening and sobering reading." --This text refers to an out of print or unavailable edition of this title.

The China Dream is a finely researched, important and cautionary contribution to our understanding of contemporary China... --This text refers to an out of print or unavailable edition of this title.

The China Dream's clarity of expression will make it hard for even the most determined dreamers to refute.. --This text refers to an out of print or unavailable edition of this title.

For all those interested in investing or doing business in China, the book makes enlightening and sobering reading. --This text refers to an out of print or unavailable edition of this title.

Mr Studwell offers an entertaining tale of Western business woes in China, stretching back through 700 years.. --This text refers to an out of print or unavailable edition of this title.

For 700 years, ever since outsiders first wrote about the place, the world has believed there are untold riches to be harvested in China. More recently, with the rise of globalisation, the spread of capitalism, and the growth in its population to 1.3 billion, the belief in China's unparalleled potential has taken on the order of an obsession. During the 90s, China astounded the world with double-digit annual growth rates while attracting over $300 billion in foreign investment. Politicians, economists and business leaders everywhere foresaw in China a market for goods and services to dwarf all others. In this thoroughly researched and engaging book, Joe Studwell provides a provocative analysis of the `China Dream'. He takes to task these predictions of growth - and instead foresees an economic crisis for China in the wake of the foreign-investment gold rush of the last ten years. A crisis that will destroy the hopes of outsiders realising their investment dreams.

Joe Studwell has been a contributing writer to The Economist and was based in Beijing with The Economist Intelligence Unit. He is the founder and editor of The China Economic Quarterly.