Awards

• Commended for Independent Publisher Book Awards (Current Events 1) 2013

Overview

The author examines what China can teach the U.S. in education, economic policy, foreign policy, strategic planning, and politics. While America reeled from the 2008 financial crisis, a high unemployment rate, and a surge in government debt, China's economy was the second largest in the world, and many predict it will surpass the United States'. President Obama called China's rise ""a Sputnik moment""-will America seize this moment or continue to treat China as its scapegoat? Mainstream media and the U.S. government regularly target China as a threat. Rather than viewing China's power, influence, and contributions to the global economy in a negative light, Ann Lee asks, what can America learn from its competition? Why did China recover so quickly after the global economic meltdown? What accounts for China's extraordinary growth, despite one of the highest corporate tax rates in the world? How does the Chinese political system avoid partisan rancor but achieve genuine public accountability? From education to governance to foreign aid, Lee details the policies and practices that have made China a global power and then isolates the ways the United States can use China's enduring principles to foster much-needed change at home. This is no whitewash. Lee is fully aware of China's shortcomings, particularly in the area of human rights. She has relatives who suffered during the Cultural Revolution. But by overemphasizing our differences with China, the United States stands to miss a vital opportunity. Filled with sharp insights and thorough research, What the U.S. Can Learn from China is Lee's rallying cry for a new approach at a time when learning from one another is the key to surviving and thriving. ""Ann Lee's What the U.S. Can Learn from China is a rare achievement in today's examinations of U.S.-China relations- it supplements an already sophisticated analysis with a deep cultural understanding that is richly valuable and laudably objective. Ann's ability to ask the tough questions helps Americans to understand China better and China to see itself clearer."" -Nancy Yao Maasbach, executive director, Yale-China Association ""This book sparkles on literally every page with surprising insights and crucial information that everybody in America-and China-simply must become acquainted with or be reminded of. Whether it be about education, culture, politics and economics, or business, Ms. Lee has much, much more to teach both Americans and Chinese than any of us knew that we had yet to learn."" -Robert Hockett, Professor of Financial and International Economic Law, Cornell University

Full Product Details

9781609941246

Table of Contents

Reviews

<p>Praise for What the U.S. Can Learn from China<p> Ann Lee shows us how the United States can also learn much from the country that will soon have the world's largest economy. Professor Lee foresaw the 'Great Recession' two years before it happened; we should all listen to her now as she describes how China and the United States can work together to shape a safer and more prosperous world. <br>--Charlie Kolb, President, Committee for Economic Development, and former Deputy Undersecretary, U.S. Department of Education <br> The author makes sensible points about all the topics covered and has interesting points of view about so many issues. A wide-sweeping book that makes engaging reading. <br>--William Lewis, Founding Director, McKinsey Global Institute <br> A refreshing departure from the unilateral perspective hobbling geopolitical debate. Even those who see major flaws in China's system will find themselves agreeing with many of Ann Lee's provocative prescriptions. <br>--Jos

<p>Praise for What the U.S. Can Learn from China<p><br> Ann Lee shows us how the United States can also learn much from the country that will soon have the world's largest economy. Professor Lee foresaw the 'Great Recession' two years before it happened; we should all listen to her now as she describes how China and the United States can work together to shape a safer and more prosperous world. <br> --Charlie Kolb, President, Committee for Economic Development, and former Deputy Undersecretary, U.S. Department of Education <br> The author makes sensible points about all the topics covered and has interesting points of view about so many issues. A wide-sweeping book that makes engaging reading. <br> --William Lewis, Founding Director, McKinsey Global Institute <br> A refreshing departure from the unilateral perspective hobbling geopolitical debate. Even those who see major flaws in China's system will find themselves agreeing with many of Ann Lee's provocative prescriptions.

<p>Praise for What the U.S. Can Learn from China<p> Ann Lee shows us how the United States can also learn much from the country that will soon have the world's largest economy. Professor Lee foresaw the 'Great Recession' two years before it happened; we should all listen to her now as she describes how China and the United States can work together to shape a safer and more prosperous world. <br>--Charlie Kolb, President, Committee for Economic Development, and former Deputy Undersecretary, U.S. Department of Education <br> The author makes sensible points about all the topics covered and has interesting points of view about so many issues. A wide-sweeping book that makes engaging reading. <br>--William Lewis, Founding Director, McKinsey Global Institute <br> A refreshing departure from the unilateral perspective hobbling geopolitical debate. Even those who see major flaws in China's system will find themselves agreeing with many of Ann Lee's provocative prescriptions. <br>--Joseph Menn, U.S. correspondent, Financial Times, and author of Fatal System Error<p> Ann Lee takes issue with those who see China's rise only as a threat to America and not also as an opportunity. By looking at some of the root policies and attitudes behind China's recent success, she shows how lessons from China can bring Americans full circle, back to the values and aspirations that made the United States a great country in the first place. Her book adds much-needed nuance to the debates over China's role in the global economy and as a rising world power. <br>--Michele Wucker, President, World Policy Institute<p> Misconceptions abound about China and how it works today. Ann Lee's book takes a fresh and controversial look at the Chinese system and its strengths. <br>--Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School<p> Ann Lee's What the U.S. Can Learn from China is a rare achievement in today's examinations of U.S.-China relations: it supplements an

Author Information

Ann Lee is a professor of finance and economics at New York University and a senior fellow with the public policy think tank Demos. Fluent in Mandarin and Cantonese, she was a visiting graduate economics professor at Peking University in 2008. She has also been an investment banker at Bankers Trust and Alex. Brown & Sons and a partner at two multibillion-dollar hedge fund firms. Her work has appeared in publications such as the Financial Times, the Wall Street Journal, Newsweek, Forbes, and Businessweek, and she regularly guests on CNBC, Fox Business, Bloomberg, CNN, NPR, and many other television and radio stations.

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