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• catalog abstract ""Since the age of Marco Polo, the West has been entranced by China's promise, viewing its vast population and resources as an unrivaled opportunity for expanding trade. During the 1990s, China astounded the world with double-digit annual growth rates, while attracting over $300 billion in foreign investment capital - an amount greater than any country other than the United States - into an economy smaller than that of Spain and the Netherlands combined. As it joined the World Trade Organization in 2001, politicians, economists, and business leaders the world over hailed China's potential and envisioned that within a generation the juggernaut nation would develop into a market for goods and services that would dwarf all others." "In The China Dream, financial journalist and China expert Joe Studwell takes to task these predictions - and instead sees a looming crisis. He argues that throughout the centuries, empires and entrepreneurs - from the Portuguese who colonized Macau to Britain's Lord Macartney to renowned financier Armand Hammer - have invested vast resources in the hopes of developing the markets of the Middle Kingdom, only to have the economy crash and their dreams turn to dust. Studwell makes the case that this cycle is playing out once more. Beginning with the arrival of the Christian missionaries and European trade emissaries of the sixteenth century, The China Dream tells the story of capitalism's attempted conquests of China and traces the more recent developments, from Deng Xiaoping's "liberalization" of its market in the 1980s through the investment gold rush of the 1990s. In a rigorous analysis of the Chinese economy, government, and business culture, Studwell shows the roadblocks to the continuation of this unprecedented expansion and why China's economy is destined to stall once more - but now with potentially catastrophic results that would be felt around the world."--Jacket.".
• catalog contributor b12492861.
• catalog coverage "China Commercial policy.".
• catalog coverage "China Economic conditions 2000-".
• catalog coverage "China Economic policy 2000-".
• catalog coverage "China Foreign economic relations.".
• catalog created "c2002.".
• catalog date "2002".
• catalog date "c2002.".
• catalog dateCopyrighted "c2002.".
• catalog description ""Since the age of Marco Polo, the West has been entranced by China's promise, viewing its vast population and resources as an unrivaled opportunity for expanding trade. During the 1990s, China astounded the world with double-digit annual growth rates, while attracting over $300 billion in foreign investment capital - an amount greater than any country other than the United States - into an economy smaller than that of Spain and the Netherlands combined. As it joined the World Trade Organization in 2001, politicians, economists, and business leaders the world over hailed China's potential and envisioned that within a generation the juggernaut nation would develop into a market for goods and services that would dwarf all others." "In The China Dream, financial journalist and China expert Joe Studwell takes to task these predictions - and instead sees a looming crisis. He argues that throughout the centuries, empires and entrepreneurs - from the Portuguese who colonized Macau to Britain's Lord Macartney to renowned financier Armand Hammer - have invested vast resources in the hopes of developing the markets of the Middle Kingdom, only to have the economy crash and their dreams turn to dust. Studwell makes the case that this cycle is playing out once more. Beginning with the arrival of the Christian missionaries and European trade emissaries of the sixteenth century, The China Dream tells the story of capitalism's attempted conquests of China and traces the more recent developments, from Deng Xiaoping's "liberalization" of its market in the 1980s through the investment gold rush of the 1990s. In a rigorous analysis of the Chinese economy, government, and business culture, Studwell shows the roadblocks to the continuation of this unprecedented expansion and why China's economy is destined to stall once more - but now with potentially catastrophic results that would be felt around the world."--Jacket.".
• catalog description "Includes bibliographical references (p. 285-343) and index.".
• catalog description "pt. 1. The making of a miracle -- 1. The dream through history -- 2. A man called Deng -- 3. Frenzy -- 4. All roads lead to Beijing -- 5. Demand and supply -- pt. 2. Miracle deconstructed -- 6. The mornings after -- 7. Suspect numbers and the perils of projection -- 8. The socialists' Trojan horse -- 9. Other people's money -- pt. 3. Reaching for reality -- 10. Parallel economies -- 11. Yesterday's politics -- 12. The longest dream.".
• catalog extent "xx, 359 p. ;".
• catalog identifier "0871138298".
• catalog issued "2002".
• catalog issued "c2002.".
• catalog language "eng".
• catalog publisher "New York : Atlantic Monthly Press,".
• catalog spatial "China Commercial policy.".
• catalog spatial "China Economic conditions 2000-".
• catalog spatial "China Economic policy 2000-".
• catalog spatial "China Foreign economic relations.".
• catalog spatial "China.".
• catalog subject "330.951 21".
• catalog subject "Economic forecasting China.".
• catalog subject "HC427.95 .S78 2002".
• catalog subject "Investments, Foreign China.".
• catalog tableOfContents "pt. 1. The making of a miracle -- 1. The dream through history -- 2. A man called Deng -- 3. Frenzy -- 4. All roads lead to Beijing -- 5. Demand and supply -- pt. 2. Miracle deconstructed -- 6. The mornings after -- 7. Suspect numbers and the perils of projection -- 8. The socialists' Trojan horse -- 9. Other people's money -- pt. 3. Reaching for reality -- 10. Parallel economies -- 11. Yesterday's politics -- 12. The longest dream.".
• catalog title "The China dream : the quest for the last great untapped market on earth / Joe Studwell.".
• catalog type "text".