Overview

An authority on Asia and globalization identifies the challenges China's growing power poses and how it must be confronted. When China joined the World Trade Organization in 2001, most experts expected the WTO rules and procedures would liberalize China and make it a responsible stakeholder in the liberal world order. But the experts made the wrong bet. China today is liberalizing neither economically nor politically but, if anything, becoming more authoritarian and mercantilist. In this book, notably free of partisan posturing and inflammatory rhetoric, renowned globalization and Asia expert Clyde Prestowitz describes the key challenges posed by China and the strategies America and the Free World must adopt to meet them. He argues that these must be more sophisticated and more comprehensive than a narrowly targeted trade war. Rather, he urges strategies that the US and its allies can use unilaterally without contravening international or domestic law.

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Clyde Prestowitz is the author of the bestselling and critically acclaimed books Trading Places, Rogue Nation, and Three Billion New Capitalists. He served in the Reagan administration as counselor to the Secretary of Commerce and as a principal trade negotiator for Asia. He was also vice chairman of President Clinton's Commission on Trade and Investment in the Asia-Pacific region. The founder of the Economic Strategy Institute in Washington, DC, Prestowitz advises governments, global corporations, and labor unions on competitiveness and globalization strategy. He has written hundreds of articles and op-eds in the New York Times, the Financial Times, the Washington Post, the Economist, and other leading publications over the past twenty-five years based on his experiences both in the corporate world and in government. He lives in Washington, DC. After producing, directing, and engineering spoken word recordings for over twenty years, Paul Heitsch began narrating audiobooks in 2011, and has recorded many bestselling titles as both himself and under a pseudonym. A classically trained pianist, Paul is also a composer and sound designer, and is currently the director of music for the James Madison University School of Theatre and Dance, and an adjunct instructor for the JMU School of Music. He and his family live in the beautiful Shenandoah Valley region of Virginia (although Chicago will always be his hometown).

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