Summary of China: The Race to Market

What China's Transformation Means for Business, Markets and the New World Order

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China: The Race to Market book summary
Will China fall into post-communist chaos or emerge as a dominant power in world markets and global trading?

Rating

8 Overall

7 Applicability

9 Innovation

8 Style

Recommendation

Author Jonathan Story has assembled in one relatively short book a dense collection of facts, hypotheses and perspectives on China. Unlike many writers who have fixed ideas about China and use their books to promote their ideas, Story gives full and fair time to competing viewpoints. He is not selling a hypothesis, but exploring possibilities. Readers who prefer easy and definitive answers may feel frustrated, because Story provides only difficult and ambiguous alternatives. Yet his approach is solid, and more accurate than a finite stance could be. The future of anything is uncertain, and China is egregiously inscrutable, so any honest pronouncement on China’s future must acknowledge uncertainty, difficulty and ambiguity. If the book has a demerit, it is that the author sometimes offers interesting, but meandering digressions through the minutiae of Chinese chronology without fully explaining why the details matter. China is perplexing, so getAbstract.com welcomes this compilation of insight - we would have been glad to read even more.

In this summary, you will learn

  • China’s past, present and future international position, particularly in trade
  • Information about investing, trading and doing business in China
  • Just how complex, contradictory and perplexing analysis of China can be
 

Summary

Key Questions on China’s Future
Prussian military theorist General Carl von Clausewitz said that the essence of war is "friction." You could say the same about the essence of business. Friction occurs at every level of the interplay among business organizations, the market and the greater...
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About the Author

Jonathan Story, professor of international political economy at INSEAD in France, is a Shell Fellow in Economic Transformation. He wrote The Frontiers of Fortune: Predicting Capital Prospects and Causalities in the Markets of the Future and created The Story Country political and risk assessment software. He has consulted with international corporations, including IBM, Eastman Kodak, Dresdner Bank, Ericsson and ABB.


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