Summary of China on the Brink

The Myths and Realities of the World's Largest Market

McGraw-Hill, more...

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China on the Brink book summary
"In this comprehensive overview, China emerges as enormous, changeable, conflicted, daunting, deeply challenged by internal problems, and as mysterious as ever."

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5 Overall

5 Applicability

5 Innovation

7 Style

Recommendation

International finance expert Callum Henderson provides a detailed, well-researched, and highly readable account of China’s current economic situation. The book focuses specifically on how economic, environmental, and social problems threaten China’s historic economic reform programs. What happens in China affects investment, markets, and economic policies around the world - issues Henderson investigates thoroughly. getAbstract recommends this book to all business people with an interest in China’s economic climate - and if you conduct business internationally, this means you!

In this summary, you will learn

  • Why China’s impact on the world economy will be enormous
  • What upsides and downsides have come from China’s growth
  • Why China’s future will be determined by its ability to solve internal political, monetary and environmental issues
 

Summary

Where China Stands
While the western press gives much attention to political dissidence in China, the Chinese people are far more focused on their economic well-being than any doctrine. The large protests in November 1998 stemmed not from ideology, but from anger over economic losses.<...
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About the Author

Callum Henderson is an Emerging Market Currency Strategist at a global investment bank in London. He previously worked for the independent research house Standard and Poor’s MMS in Hong Kong and New York. He is a respected source for business publications including The Asian Wall Street Journal, The New York Times, Business Week, and The Financial Times. He has appeared on CNN, CNBC-ABN, and other television networks. His previous book, Asia Falling, analyzed the Asian currency crisis.


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