Author: James Kynge

Publisher: Weidenfeld & Nicolson – 2006

Price: £18.99

Over the next decade the hunger for foreign jobs, raw materials, energy and food will reshape world trade, capital flows and politics. The outflow of Chinese manufactured products, tourists, students, corporate and personal investments will be felt keenly in some parts as the so-called ‘bra wars’ clothing disputes between China and the West has demonstrated. Winner of the prestigious Financial Times/Goldmann Sachs Business Book of the Year Award 2006, Kynge gives an authoritative account on China’s economic rise and how it will affect the world. Kynge summarises China’s weaknesses superbly – elucidating upon its environmental pollution, its crisis in social trust, its weak financial system and the faltering institutions of its governments – which are poised to have disruptive effects on the world. The fall-out from any failure in China’s rush to modernity or simply from a temporary economic crash in the Chinese economy would be felt around the world. Full of insight and anecdote, it is closely argued, easy to read and completely captivating.