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Let China sleep, for when she wakes, she will shake the world. Napoleons words seem eerily prescient today, as the shock waves from Chinas awakening reverberate across the globe. In China Shakes the World, the former China bureau chief of the Financial Times, James Kynge, traces these tremors from Beijing to Europe to the Midwest as Chinas ravenous hunger for jobs, ra Let China sleep, for when she wakes, she will shake the world. Napoleons words seem eerily prescient today, as the shock waves from Chinas awakening reverberate across the globe. In China Shakes the World, the former China bureau chief of the Financial Times, James Kynge, traces these tremors from Beijing to Europe to the Midwest as Chinas ravenous hunger for jobs, raw materials, energy, and food -- and its export of goods, workers, and investments -- drastically reshape world trade and politics. Delving beyond mere recitation of by-now-familiar statistics, Kynges on-the-ground reporting provides alternative explanations for Chinas explosive transformation, revealing many of the usual reasons given for its growth to be myths. Most important for the future, he details Chinas deep, systemic weaknesses -- rampant fraud, crippling environmental crises, a corrupt banking system, faltering government institutions, a rapidly aging population -- that threaten even greater global disruptions. And he demonstrates the profound consequences of those weaknesses for American manufacturers, oil companies, banks, and ordinary consumers. Through dramatic stories of entrepreneurs and visionaries, factory workers and store clerks at the heart of this global phenomenon, China Shakes the World explains how Chinas breakneck rise occurred, the extraordinary problems the country now faces, and the consequences of both for the twenty-first century.

Let China sleep, for when she wakes, she will shake the world. Napoleons words seem eerily prescient today, as the shock waves from Chinas awakening reverberate across the globe. In China Shakes the World, the former China bureau chief of the Financial Times, James Kynge, traces these tremors from Beijing to Europe to the Midwest as Chinas ravenous hunger for jobs, ra Let China sleep, for when she wakes, she will shake the world. Napoleons words seem eerily prescient today, as the shock waves from Chinas awakening reverberate across the globe. In China Shakes the World, the former China bureau...  Read More