Description: Acclaimed business journalist Studwell takes to task the predictions that China will become an economic juggernaut on the world stage in the 21st century--and instead foresees an economic crisis.
Review Quotes:
"An entertaining, if cautionary, tale of Western business woes in China, stretching back seven hundred years and including, naturally, the woes of recent years." -Peter Wonacott, The Wall Street Journal
"Excellent and well-written. . . . Studwell is both illuminating and amusing." --Paul D. Aligica, Indianapolis Star
"This is a book that lays bare much of the stuff and nonsense that surrounds the China dream, and traces how myth and misunderstandings--compounded by hype and lashings of snake oil--have bewitched some of the world's most respected corporations and led them to ruin the proverbial $1.3 billion consumer market. . . . As such, it deserves to help redefine the debate on the nature of the China market." --James Kynge, China bureau chief of the Financial Times
"China may yet come to rival Dutch tulips and dotcoms. . . . Outsiders' dogged faith, with or without rational basis, in the untold and imminent riches to be had in China has a history. This chronicle of that history makes sobering and essential reading." --Andreas Kuth, Asian business correspondent of The Economist
"This book will cause blushes in boardrooms around the world." --David Murphy, Beijing correspondent of the Far Eastern Economic Review
"The value of [Studwell's] book is that it helps the reader move away from the traditional framework that the outside world usually applies to China." --Stephen F. Diamond, Dissent
"[A] detailed account . . . An excellent examination of the political and economic history of China, fascinating and mostly unknown to Westerners." --Booklist (starred review)