Future of China - What it Means for Business, the Economy and the Global Order New edition
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Big Dragon by Daniel Burstein
Book DescriptionIn BIG DRAGON, Dan Burstein joins with China specialist Arne de Keijzer to offer a comprehensive look at China and its future. They suggest that no other country poses such significant business and political questions for the West and therefore the business world must develop new strategies for dealing with China. The authors present a practical blueprint for business people, policy makers and concerned citizens alike for maximising opportunity (economic as well as political) and minimising any chance of conflict. In dealing with China, the book warns that the West will have to revise its elitist view that its principles and mores are superior, whether culturally, economically or politically. China, the authors say, will have to be dealt with on its own terms. If the West fails to do so, it will have dire consequences for the world. The authors articulate a fresh, intelligent, and innovative business and political strategy, rooted in realistic assessments of where China is coming from and where it is headed. BIG DRAGON's strength lies in its recognition of the possible conflicts, but also in the way it clearly identifies the way toward a creation of a new mutuality of economic and political interest between the West and China.
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Book DetailsISBN: 9780684853666
(216mm x 140mm x 23mm)
Publisher: Simon & Schuster
Publish Date: 18-Mar-1999
Country of Publication: United States
Books By Author Daniel Burstein
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From the "New York Times"-bestselling authors of "Secrets of the Code" comes the definitive guide to the real history, science, and hidden meanings behind Dan Brown's current blockbuster, "The Lost Symbol."
UK Kirkus Review » Burstein and de Keijzer's Big Dragon is about the impact that China will have on the global balance of wealth and power in the 21st century. China is a country so large that no company can ignore it. Burstein and de Keijzer predict that it will become the world's largest national economy sometime in the 2030s and will become a superpower in every sense - economically, politically, militarily, culturally and technologically, but will be different from any great power that the world has ever seen. The political-economic system, particularly, will evolve to incorporate elements of socialism as well as capitalism. The authors have factored into their predictions the tumultuous Asian financial events that began in October 1997. They believe that when this period of re-adjustment has passed China, as well as the rest of Asia, will eventually return to the fundamental course of growth and modernization characteristic of the previous two decades. Big Dragon presents China in many different dimensions - in today as well as tomorrow. The book's five parts, 'Inside the Cold War', 'Benchmarking China', 'Jumping into the Sea', 'Geomancing the Dragon' and 'Beyond the Cold War', answers questions like - What will happen to the world economy and American business interests as China surpasses the USA in total output? What will happen to the world's food prices and supplies as Chinese standards of living rise? Will China seek greater military and political control of Asia on the back of its new-found strength? This is a comprehensive look at China in the 21st century, but contradictory to the globalism suggested in the title, Big Dragon suffers slightly from bipolarism in which it seems that just the USA and China matter. However, the book is highly relevant to the business reader, no matter which country he/she is from. (Kirkus UK)
US Kirkus Review » A relentlessly upbeat forecast of China's future and the potential implications for the US. Private investment banker Burstein (Road Warriors, 1995, etc.) and de Keijzer, a business consultant involved in US-China business dealings, assess 'the impact that China will have on the global balance of wealth and power in the twenty-first century" and are impressed. Their goal is to move discussion of the threats and opportunities China's growing economy will pose for American business in a more historically and culturally sensitive direction. Their motivation for this effort is straightforwardly reactive: A "new anti-China vogue" has infected American thinking and clouded judgments with groundless ideological biases. The excitement and optimism in the wake of Nixon's historic 1972 trip has been replaced by foreboding following the Tiananmen Square massacre, and hard-line perceptions of China have subsequently prevailed regarding issues as varied as human rights, Taiwan, and campaign finance. Burstein and de Keijzer argue that the government reaction to demonstrators in Tiananmen Square was not surprising given previous Chinese norms and that this incident shouldn't obscure the wide range of social and economic reforms that have taken place. We must stop trying to place China within preconceived Western notions and accept that it has a unique politico-economic system, what the authors term "the Confucian social market." By avoiding misconstrual of Chinese intentions - the authors predict, for example, that China will continue a long-term historical pattern of both flexing its muscles within Asia and refraining from projecting its force throughout the world in an effort to become a global power - we will be able to recognize and take advantage of the opportunities its development will produce and sustain a peaceful, mutually beneficial relationship with China. Despite a tendency by the authors to become cheerleaders for China, this is a reasoned survey of truly significant issues. (Kirkus Reviews)
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Author Biography - Daniel Burstein
Daniel Burstein is Senior Advisor of the Blackstone Group, a leading private investment bank in New York and the author of several books on global, economic, financial, and technological issues. Arne de Keijzer has been a consultant to companies doing business in China for more than 25 years, head of his own consulting firm, he has worked with consumer goods and publishing as well as joint ventures and private equity firms.
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