Dealing with China : An Insider Unmasks the New Economic Superpower

The New York Times bestselling author of Dealing with China takes the reader behind closed doors to witness the creation and evolution and future of China's state-controlled capitalism. Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Paulson had a pivotal role in opening up China to private enterprise. Then, as Treasury secretary, he created the Strategic Economic Dialogue with what is now the world's second-largest economy. He negotiated with China on needed economic reforms, while safeguarding the teetering U.S. financial system. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades. In Dealing with China , Paulson draws on his unprecedented access to modern China's political and business elite, including its three most recent heads of state, to answer several key questions: How did China become an economic superpower so quickly? How does business really get done there? What are the best ways for Western business and political leaders to work with, compete with, and benefit from China? How can the U.S. negotiate with and influence China given its authoritarian rule, its massive environmental concerns, and its huge population's unrelenting demands for economic growth and security? Written in the same anecdote-rich, page-turning style as Paulson's bestselling memoir, On the Brink, Dealing with China is certain to become the classic and definitive examination of how to engage China's leaders as they build their economic superpower. Contents Cover Title Page Welcome Dedication Map of China Preface Part One: Banking on Reform Chapter One: At the Purple Light Pavilion Chapter Two: Chinese Bodies, Foreign Technology Chapter Three: Dealmaking with Chinese Characteristics Chapter Four: Real Gold and Silver Chapter Five: Your Chairman Has Gone to Sleep Chapter Six: Cleaning the Stables in Guangdong Chapter Seven: School for Success Chapter Eight: Saving Shangri-La Chapter Nine: One Bank, Two Systems Chapter Ten: The World’s Biggest Mattress Part Two: Breaking New Ground Chapter Eleven: A Call to Serve Chapter Twelve: The Great Patio Debate Chapter Thirteen: Hammering Out a New Framework Chapter Fourteen: A Global Reckoning Part Three: Building Bridges Chapter Fifteen: Darkness at Noon Chapter Sixteen: Skylines and Shorelines Chapter Seventeen: BIT by BIT Chapter Eighteen: The $10 Trillion Reboot Chapter Nineteen: The Party Line Chapter Twenty: The Way Forward Photos Acknowledgments Cast of Characters List of Acronyms About the Author Also by Henry M. Paulson, Jr. Newsletters Copyright "Henry M. Paulson, Jr., former Secretary of the U.S. Treasury and CEO of Goldman Sachs, delivers a behind-the-scenes account of China's rise as an economic superpower. When Hu Jintao, China's then vice president, 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 played in helping China experiment with private enterprise. 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? How does business get done there? What are the best ways for Western business and political leaders to engage, compete, and beat China? How can Western investors profit in China?"--. "DEALING WITH CHINA takes the reader behind closed doors to witness the creation and evolution of China's state-controlled capitalism." "Henry M. Paulson, Jr., former Secretary of the U.S. Treasury and CEO of Goldman Sachs, delivers a behind-the-scenes account of China's rise as an economic superpower. When Hu Jintao, China's then vice president, 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 played in helping China experiment with private enterprise. 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? How does business get done there? What are the best ways for Western business and political leaders to engage, compete, and beat China? How can Western investors profit in China?"-- Provided by publisher