The end of cheap China: economic and cultural trends that will disrupt the world

An expose on how the rise of China will affect the American way of lifeThe End of Cheap China is a fun, riveting, must-read book not only for people doing business in China but for anyone interested in understanding the forces that are changing the world.Many Americans know China for manufacturing cheap products, thanks largely to the country's vast supply of low-cost workers. But Chinais changing, and the glut of cheap labor that has made everyday low prices possible is drying up as the Chinese people seek not to make iPhones, but to buythem. Shaun Rein, Founder of the China Market Research Group, puts China's continuing transformation from producer to large-scale consumer - a process thatis farther along than most economists think - under the microscope, examiningeight megatrends that are catalyzing change in China and posing threats to Americans' consumption-driven way of life.Rein takes an engaging and informativeapproach to examining the extraordinary changes taking place across all levels of Chinese society, talking to everyone from Chinese billionaires and seniorgovernment officials to poor migrant workers and even prostitutes. He draws on personal stories and experiences from living in China since the 1990s as well as hard economic data. Each chapter focuses on a different aspect of China'stransformation, from fast-improving Chinese companies to confident, optimistic Chinese women to the role of China's government, and at the end breaks down key lessons for readers to take away.The End of Cheap China shows:How rising labor and real estate costs are forcing manufacturers of cheap Chinese productsto close, relocate, or move up the value streamHow a restructuring economy moving away from exports to domestic consumption, and rising incomes will createopportunities for foreign brands to sell products in China rather than just producing thereHow Chinese consumption will build pressure on the global commodities markets, causing both inflation and friction with other nationsHow China's economic transformation spells the end of cheap consumption for AmericansChina's days as a low cost production center are numbered. The End of Cheap China exposes the end of America's consumerist way of life and gives clear advice on how companies can succeed in the new world order. INDICE: Prologue ixChapter 1 Chinese Billionaires Outnumber American Ones 1Chapter 2 Cheap Chinese Labor? Not Anymore: China’s Workers Are Demanding Better Pay and Better Conditions—And They Are Earning Them 19Chapter 3 Stability Is the Key to Happiness: How China’s Government Thinks and Why It Acts the Way It Does 39Chapter 4 The Modern Chinese Woman 63Chapter 5 Why Chinese Consider Kentucky Fried Chicken Healthful: China’s Iffy Food Supply Chain Is Putting a Premium on Safe Food 85Chapter 6 Understanding Corruption in China: What China’s Underground Sex Trade Shows About Its Government 103Chapter 7 China’s Real Estate Sector: Boom or Bust or Something Else? 125Chapter 8 Chinese Neo-Colonialism in Africa and the End of American Hegemony? 147Chapter 9 China’s Educational Sector: Preventing China From Cementing Its Superpower Status 171Chapter 10 What the End of Cheap China Means for the Rest of the World 191Epilogue 205Acknowledgments 207Index 209

• ISBN: 978-1-118-17206-3
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 240
• Fecha Publicación: 11/04/2012
• Nº Volúmenes: 1
• Idioma: Inglés