Friday, September 09, 2005

New Review: China Inc.

ExampleThe following is a brief excerpt from a review posted on PopandPolitics.com:

Even in a society such as ours that clings to isolationism like it's precious oxygen, it is near impossible to ignore the juggernaut that is China. With its population a billion strong and its relatively recent turn toward economic liberalization, China lies in every facet of American consumerism.
This intimate tie to China can best be seen in a trip through Wal-Mart. Pick up any article of clothing at random and you’ll find that you are holding a garment made by the hands of a low-paid unskilled laborer from any number of China’s increasingly growing provinces and cities. Now walk over to the cheaply priced DVD players and you’ll see the same thing. And that’s just the unskilled labor force; every year China adds more engineers and scientists to the global economy. They will displace you. In fact, they have already.

Former floor trader, member of the Chicago Mercantile Exchange, and all around business commentator, Ted C. Fishman, has written a guide to understanding the new China. His book entitled, “China Inc. -- How the Rise of the Next Superpower Challenges America and the World,” is a thorough resource for the average American who is slow to catch on to the fact that we will live in an increasingly connected and interdependent global economy. This powerful message is brought to light by the simple, yet graphic front cover: a United States flag pin with "China" stamped on the back. When the typical manufacturing employee loses their job here, Fishman explains in detail that it’s probably because of China and there’s no stopping it.

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