China, Inc.: How the Rise of the Next Superpower Challenges America and the World

Written by Ted C. Fishman

Narrated by Alan Sklar

China today is visible everywhere — in the news, in the economic pressures battering America, in the workplace, and in every trip to the store. Provocative, timely, and essential, this dramatic account of china's growing dominance as an industrial super-power by journalist Ted C. Fishman explains how the profound shift in the global economic order has occurred — and why it already affects us all.



How has an enormous country once hobbled by poverty and Communist ideology come to be the supercharged center of global capitalism? What does it mean that China now grows three times faster than the United States? That China uses 40 percent of the world's concrete and 25 percent of its steel? What is the global impact of 300 million rural Chinese walking off their farms and heading to the cities in the greatest migration in human history? Why do nearly all of the world's biggest companies now have large-scale operations in China? What does the corporate march into China mean for workers left behind in America, Europe, and the rest of the world?



Meanwhile, what makes China's emerging corporations so dangerously competitive? What could happen when China will be able to manufacture nearly everything — computers, cars, jumbo jets, and pharmaceuticals — that the United States and Europe can, at perhaps half the cost? How do these developments reach around the world and straight into the lives of all Americans?



These are ground-shaking questions, and China, Inc. provides answers.Veteran journalist and former commodities trader Ted C. Fishman paints a vivid picture of the megatrends radiating out of China. Fishman's account begins with the burgeoning output of China's vast low-cost factories and the swelling appetite of its 1.3 billion consumers, both of which are being driven by historically unprecedented infusions of foreign capital and technological know-how. Traveling through China's frenetic landscape of growth, Fishman visits the factories, markets, streets, stores, towns, and cities where the story of Chinese capitalism is being lived by one-fifth of all humanity. Fishman also draws on interviews with Chinese, American, and European workers, managers, and executives to show how China will force all of us to make big changes in how we think about ourselves as consumers, workers, citizens, and even as parents. The result is a richly engaging work of penetrating, up-to-the-minute reportage and brilliant analysis that will forever change how readers think about America's future.

• Language: English
• Publisher: Tantor Media, Inc
• Release date: Jul 1, 2005
• ISBN: 9781400171590

Reviews for China, Inc.

[rustyboone · Rating: 3 out of 5 stars]

Fishman, a journalist, presents a sobering view on the rise of China in the world economy. Published in 2006, the book is now dated.

[carterchristian1 · Rating: 5 out of 5 stars]

Hey, fellow Americans, Read this and weep.

[eagleduck86 · Rating: 4 out of 5 stars]

Many interesting details on recent developments in China; including why ending software piracy in China (even if it were remotely possible to do so) would be a disaster for Microsoft.

[wiscolibrarian · Rating: 4 out of 5 stars]

Fishman, a journalist, presents a sobering view on the rise of China in the world economy. He views China's ascendency as a forgone conclusion that will have a huge impact on the world. He's constantly giving examples of how China undercuts competition (including American companies) and offers the "China Price" or a price so low only China can make a profit. China's rise has had an impact all across the world, in particular the manufacturing industries of the developed nations.

How powerful will China become? Fishman seems to think that the sky's the limit. In a critical look at this book, I found that much of Fishman's analysis to be skin-deep. He doesn't examine any potential factors that may stop or reverse China's rise to the top. He relies heavily on secondary sources and some of his conclusions seem simplified. That said, this book is a good read and should be a wake-up call to America (and most of the rest of the world).

[all4metals_1 · Rating: 4 out of 5 stars]

Anyone who is interested in who the industrialization of China will affect American businesses and interests should read this.