Dealing With China
Hank Paulson, the former US Treasury Secretary and CEO of Goldman Sachs, takes the reader behind closed doors to witness the creation and evolution of China's state-controlled capitalism.
When Hu Jintao, China's current leader, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs had played in helping China experiment with private enterprise. Four years later, Paulson (now Treasury Secretary) was looking at the world's second largest economy and fastest modernizing military from a different perspective--that of a statesman who was responsible for safeguarding the U.S. financial system from a behemoth he had helped to empower.
In DEALING WITH CHINA, the bestselling author of On The Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions:
How did China become an economic superpower so quickly?
Who really runs China's businesses?
How does business get done there?
What are the best ways for Western business and political leaders to engage, compete with, profit from and beat China?
Can China be stopped?
DEALING WITH CHINA is written in the same anecdote-rich, page-turning style as his memoir, On The Brink.