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China, Inc.: How the Rise of the Next Superpower Challenges America and the World
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China, Inc.: How the Rise of the Next Superpower Challenges America and the World

3.48  ·  Rating details ·  1,010 ratings  ·  75 reviews
The updated edition of journalist Ted C. Fishman's bestselling explanation of how China is rapidly becoming a global industrial superpower and how the American economy is challenged by this new reality.

China today is visible everywhere -- in the news, in the economic pressures battering the globe, in our workplaces, and in every trip to the store. Provocative, timely, and
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Paperback, 368 pages
Published April 11th 2006 by Scribner (first published February 28th 2005)
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Average rating 3.48  · 
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 ·  1,010 ratings  ·  75 reviews


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Toby
May 02, 2008 rated it it was ok
There is a 20% chance that you are Chinese and an 80% chance that you are afraid of the Chinese. Perhaps you are afraid the Chinese will steal your manufacturing job, or feed your child lead paint, or poison you at bedtime because your herbal tea was dried using the hot exhaust of dirty trucks. In China, Inc., Ted Fishman examines what’s going on in China and why that country is fast becoming the West’s new foreign bogey-man.
Fishman, who has been a floor trader and ran his own trading firm, ha
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Claire S
I bought and skimmed/read this book during the Olympic boycott conversation, and one thing I found interesting is that the term 'Human Rights' is not in the index. Which would indicate it's not a concept that the author included in this book. Skimming on my own, I did find it mentioned - but only as a transparent strategy that certain entities use to try and stem US job loss - nothing more. Which was interesting at that point in time (and now).

In general, I found it the way others have - superf
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Alicia Fox
Oct 28, 2014 rated it really liked it
Shelves: nonfiction
In brief, extremely poor workforce + no respect for intellectual property + government encouragement = China's success. That much I knew, but never in as much detail as I read in this book. What I found most interesting is what I gathered from the text--that China's boom is not sustainable in the long-term. The unique Chinese business term "black heart" refers to more than *just* making counterfeit baby formula filled with cornstarch.

For those who care but won't read the book...or might...whatev
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Jerel Bonner
Jan 21, 2016 rated it liked it
This book can provide the answers to many questions for western business people looking to do business in today's China. It is a must read for any businessperson. It is the businessperson's equivalent to Lonely Planet: China, the traveler's guide of guides. Ted Fishman, is a former Chicago Mercantile Exchange firm owner, and has been a quest speaker on several business radio programs in the US, most notably "Marketplace's Special Report From China". It was from this program that I first learned ...more
Carlos Mock
Jul 26, 2014 rated it really liked it
China has the world's most rapidly changing large economy, Fishman details how hundreds of millions of peasants have migrated from rural to urban areas to find manufacturing jobs, providing an unlimited, low-wage workforce to power China's economy. "No country has ever before made a better run at climbing every step of economic development all at once," he writes, in China, Inc. China invites large corporations to manufacture their products in their country—simply put, American companies can't c ...more
Kimfu
The style of this book was rather dry, and I didn't catch all of the author's points about how China's economic rise influences the global worlds of finance, manufacturing, and the economy. However, I appreciated that he didn't totally bash China while he was giving his various analyses. I was also particularly interested in how he described China's attitude toward intellectual property rights. I'm now looking forward to reading "Smuggler Nation: How Illicit Trade Made America" because this book ...more
Steve
May 29, 2014 rated it liked it  ·  review of another edition
It would have been better had I read this when I first bought it ten years ago, at a Kellogg MBA alumni event at which the author spoke (and autographed my copy). I would have given it at least one more star had I rated it then, but books such as this age quickly and a lot of the material seems dated. Still it gives very good insights into how China got started with economic liberalization and the growth of a capitalist economy there. The book is very well written and is open-eyed about both the ...more
Mark Bates
Nov 09, 2015 rated it really liked it
The miracle of the Chinese Economy, an iron handed government with a controlled population of indentured servants. A government that sanctions stealing openly, and we allow it. Yea Us.
Mitesh
Dec 29, 2019 rated it really liked it
This book was released c. 2004 highlighting the rise of China (for a largely American/ Western) audience. The author has done a good job highlighting the rise of industrialization in China (with some primary research stories, mostly from large cities of China, of immigrants, shopkeepers, and industrial labor/ factory owners). It is great for the first read on China but could appear stereotypical if you have spent time in China, albeit recently. The author gets tons of examples to bring out popul ...more
wendell Takahashi
Aug 24, 2019 rated it it was amazing
This review has been hidden because it contains spoilers. To view it, click here.
Luis
Oct 06, 2019 rated it really liked it
It is an interesting book to understand how the economic rise of China has taken place today, where I could define that modern slavery has been its "greatest advantage" to produce at a very low cost.
Ibrahimreda
Apr 06, 2020 rated it it was amazing
it is very important
Chip Hunter
Dec 29, 2016 rated it really liked it
This book delivers just about what you would expect from it, mostly impressive statistics, data, and trends that highlight the incredible productivity, growth, and potential of China. The market-oriented China that has risen over the past 30 years will change the world, both in predictable and unpredictable ways. The sheer size of China and its immense population of working adults is mind-boggling, and the impact it will have on our lives is seemingly unavoidable. In some ways, a richer and more ...more
Lisa
Aug 26, 2016 rated it really liked it
This book was written 12 years ago. I would love to have a sequel because of the down turn of the world economy. However, the book is excellent and somewhat prophetic. He ends the book with some advice for our country. Of course, "our country" is a vague term. Our government leaders? American citizens? Well, the fact is neither followed his suggestions because our country still is in debt to China and Americans still live beyond their means. I had to smile when I read about how Chinese have a te ...more
Gary
Oct 17, 2010 rated it liked it  ·  review of another edition
This was an engaging audiobook that coincidentally had the same narrator as my previous audiobook selection (Alan Sklar). Unlike some of the previous books on China I've read or listened to, this one limited itself mainly to business and economic ramifications of China's rise. Interestingly, since it is about 5 years old, the main themes seemed a bit out of step with the latest trends in "China watching" - for example, much was made in this book of the process known as "offshoring," or the trans ...more
Alvaro Berrios
Nov 19, 2012 rated it it was ok
Overall, I thought this book was pretty bad. It's main goal is to cause fear and panic in the American people. It depicts China as this giant monster that is looking to suck the life out of the USA in its goal for global conquering and domination. Go run and hide, because the Chinese are coming!

This is the wrong way to look at China. Instead of a threat, China needs to be seen as an opportunity. They don't steal our jobs, international trade is a vital part of any nation's growth and it makes us
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Tippy Jackson
Nov 08, 2009 rated it really liked it
Shelves: economics, politics
Very well done. This book manages to communicate complex topics in a way that is easy for non-economists to understand, yet it is not written in a way that is insulting or patronizing. Very interesting all the way through. In particular, I liked the discussion on having the yuan tied to the dollar, how that came about and what it means. Some of the questions this book answered: What advantages does China have over the rest of the world market? What disadvantages do they have? How will China’s ri ...more
Melissa
Jun 09, 2007 rated it did not like it  ·  review of another edition
Shelves: non-fiction
This book. Initially, I was a little skeptical of this book. China is a hot topic lately and it seemed this book was published to make money off that sensationalism. But, in the beginning, I was surprised, it offered me an accurate introductory explanation to a lot of what I encountered in China. However, the goodness stopped there. Fishman writes from a US perspective and accuses China of havingcreating an unfair global economic advantage (which is absurd). Ultimately, I think I just chose the ...more
Hubert
Oct 20, 2008 rated it really liked it
Recommends it for: those interested in China or international trade and economics
This was a decent primer concerning the rise of China as an economic powerhouse. The strength of the text lies in a) its ability to link intimate narrative capsules of ordinary Chinese lives and their links to larger economic trends and b) its theories as to how capitalism got started in the first place in China.

The last third of the book is a more ordinary indictment on the Western world's inability to match China's cheap labor supply and its effects on other nations' economies. The 'usual susp
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Michael
Aug 26, 2010 rated it really liked it  ·  review of another edition
This was one of the first books I read on China from the business/market perspective. Since reading this book in 2007, I have become increasingly interested in what I read within these pages. It has been fascinating and frustrating at the same time as the main points from the text continue to get played out today. I think it is a must read for anyone who wants an easy and quick introduction into doing business with China, interested in learning about China's notorious rise to power or even fear ...more
Jean Hall
Mar 02, 2015 rated it really liked it
This is a very educational and at times entertaining book. A few years ago I wondered how the economy of China impacted the economy of the United States. There was a shock to the Wall Street markets on the news. I was aware of how China was favored by the trade imbalance and how they manufactured counterfeit status goods like handbags. There is a dramatic movement of Chinese workers from the countryside to the city. It is sad that so many Chinese struggle with poverty, workplace accidents and in ...more
Jose Perez
Nov 20, 2011 rated it liked it
Shelves: china
This book tells the History of China during the second half of the 20th century using the story of a family that moves from the interior rural areas of China to Shanghai. It reviews the changes the Chinese society has gone through in these decades and speaks a bit about how the changes in China have affected most of the countries in the World, overall from the USA point of view.

I highlight the stories of the 18 peasants from Xiaogang and how Shenzhen turned into what it is today.

Enjoy!!

Claire
Feb 20, 2014 rated it really liked it  ·  review of another edition
Recommended to Claire by: Cecilia Chien
This book verified I am still VERY interested in Academia: International Relations, Chinese, Russian, everything else. I'd better try harder to visit Washington, D.C. within the year.
Or, at least Yury Polsky's office again, though Mother can't stand him. And/or Cecilia Chien. I have to figure out what exactly I want from Tsinghua.

I almost want to write down its bibliography for further information, but I could always get this back out of the Library next time I'm curious.

Time to actually go to b
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Mike
Apr 12, 2010 rated it really liked it
Insightful on China, both in the obvious ways (business), but also in the personal driving forces of the country - how communism and business merge (no capitalism there), banking and government compromises, cultural clashes across provinces, but also across town, and between the major city centers (which are 'rivals'), etc. Fascinating overall. Note that it is dated (2005), but it is an excellent snapshot, and clearly implies where China is going (many guesses have already come true.)
Scott Drummonds
Sep 10, 2013 rated it did not like it
Maybe this book was interesting in 2006. Maybe there was a time I knew much less about China. But whatever the case may be, this book is boring and full of information about China I already know. Yes, Shenzhen's growth is amazing. Sure, Shanghai is dynamic. I already understand what is happening with labor, sex, business, and the environment.

I read every word of the first 10%. Started skimming to 30%. And then deleted the book from my Kindle.
Bkilpatrick
I'm currently reading this book. It's basically about how China has gained strength and momentum in the global economy and what that means for America and the World in the future. It paints a very vivid portrait of the current situation with many interesting and thoroughly readable examples. So far its been very good.
Whatsittoya
For any US citizen, I would highly recommend this book. It's smart to be aware of what our future might or might not hold. Made in China is something we're very used to and I don't think that will change any time soon. From an economic standpoint and just general knowledge standpoint, this book is worth reading.
Karen
Aug 15, 2008 rated it it was ok
This book makes all the classic arguments about China's rise in the world economy. Artificially keeping their yuan low compared to the dollar to court more multi-national business, cheap manufacturing and even cheaper pirated goods all make China the superpower that it is. It plays on American's fears of loss of jobs and money to China. It smacks of America's fear of Japan in the '80s.
Cliff
Apr 08, 2010 rated it really liked it
Excellent. We all know that China is undergoing major changes economocially, etc. This book sheds light on the details and specifics that constitute this dramatic change. An incredibly interesting look at the facts and figures, and people of China. If you're not interested in China now, you will be after reading this book.
Daniela
Jul 28, 2010 rated it it was amazing  ·  review of another edition
This book was not only really informative, but also extremely well written, with vivid and exhilarating descriptions of the rise of China and its impact on the global economy in the 21st century. This is not a dull book by any means! Unlike many other business books, Ted C Fishman's work is not only thought-provoking, but also shocking and exciting.
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