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The Trade Trap
Book

The Trade Trap

How To Stop Doing Business with Dictators

Simon & Schuster, 2023 plus...


Editorial Rating

8

Qualities

  • Eloquent
  • Engaging
  • Insider's Take

Recommendation

In this page-turner, publishing titan Mathias Döpfner lays out a bleak view of the world. China and Russia have fully embraced totalitarianism, he notes, and they want to bring Europe and the United States into the autocratic abyss. Döpfner, head of global media giant Axel Springer, makes a compelling case that the West must choose between appeasing Vladimir Putin and Xi Jinping and stopping the strongmen. The West has already ostracized Russia, but China – factory to the world, crucial export market and major investor in US Treasury bonds – presents a far more difficult challenge.

Take-Aways

  • Across the globe, democracy is losing ground.
  • The West was wrong to deepen its ties with China.
  • The rise of autocracy gives Europe a chance to reassert itself.

About the Author

Mathias Döpfner is chairman and CEO of Axel Springer SE, which is the largest digital publisher in Europe and owns Politico, Insider and Morning Brew. He also serves on the boards of Netflix and Warner Music Group.


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