Dealing with china an insider unmasks the new economic superpower

"Dealing with China: An Insider Unmasks the New Economic Superpower" is a book written by Henry M. Paulson Jr., the former United States Secretary of the Treasury, who served from 2006 to 2009. The book provides an insider's perspective on China's economic rise and its implications for the United States and the global economy.

In the book, Paulson argues that China's economic growth has been driven by a combination of factors, including its large population, rapid urbanization, and government support for industries such as manufacturing and technology. He also notes that China's economic growth has been accompanied by significant social and environmental challenges, including income inequality, pollution, and corruption.

Paulson also discusses the challenges that the United States and other countries have faced in dealing with China's economic rise. He argues that the United States has been slow to adapt to China's new economic status and has often been caught off guard by China's rapid growth and increasing economic influence.

The book also provides insights into Paulson's own experiences as Secretary of the Treasury, including his efforts to negotiate a trade agreement with China and his interactions with Chinese leaders such as President Hu Jintao and Premier Wen Jiabao.

Some of the key points made in the book include:

  1. China's economic growth has been driven by a combination of factors, including its large population, rapid urbanization, and government support for industries such as manufacturing and technology.
  2. China's economic growth has been accompanied by significant social and environmental challenges, including income inequality, pollution, and corruption.
  3. The United States has been slow to adapt to China's new economic status and has often been caught off guard by China's rapid growth and increasing economic influence.
  4. The United States and China have a complex and often contentious relationship, with both countries having significant economic and strategic interests in each other.
  5. The book provides insights into Paulson's own experiences as Secretary of the Treasury, including his efforts to negotiate a trade agreement with China and his interactions with Chinese leaders.

Overall, "Dealing with China: An Insider Unmasks the New Economic Superpower" provides a unique perspective on China's economic rise and its implications for the United States and the global economy.