In this book, Edward Steinfeld offers a powerful challenge to the belief that China's rapid growth is eating away at America's geopolitical strength. Rather, China's rapid economic expansion has proceeded from the opening of its markets to the West and the adoption of Western rules and practices, and Chinese reformers and corporations will continue to rely on Western institutions for the foreseeable future. Playing Our Game is a convincing rejoinder to the Chinacritics whoworry about the decline of American power and values. Conventional wisdom holds that China's burgeoning economic power has reduced the United States to little more than a customer of Beijing. Not so, writes Edward Steinfeld. In this fascinating book, Steinfeld asserts that China's growth actually enhances American commercial supremacy. By seeking to realize its dream of modernization byintegrating itself into the Western economic order, China is playing by our rules, reinforcing the dominance of our companies and regulatoryinstitutions. Indeed, China has in many ways handed over--outsourced--the remaking of its domestic economy and domestic institutions to foreign companies and foreign rule-making authorities. And even as Chinese companies assemble products for export to the West, the most valuable components for those productscome from the West. America's share of global manufacturing, by value, has actually increased since 1990. Within China, the R&D centers established by Western companies attract the country's best scientists and engineers, and harness that talent to global, rather than indigenous Chinese, innovation efforts. In short, China's economic emergence is good for America. INDICE: Part One: The New Competitor--What Globalization Really Means forChina 1. China's Rising Technology Giants 2. The Real Meaning of "Made in China" 3. Fee-for-Service Socialism and the "Walmartization" of China Part Two: Outsourcing "Chinese Style" 4. Institutional Outsourcing 5. InstitutionalOutsourcing on the Financial Front 6. IPOs and the Outsourcing of Control over "National Champions" Part Three: Stretching the Bounds of Sustainability 7. China's Energy Sector - Who is Really Calling the Shots? 8. Going Global on the Energy Front 9. Coping with Climate Change: Build It and They Will ComePart Part Four: Conclusions 10. Playing Our Game Now and for the Future
- ISBN: 978-0-19-983708-3
- Editorial: Oxford University
- Encuadernacion: Rústica
- Páginas: 280
- Fecha Publicación: 15/03/2012
- Nº Volúmenes: 1
- Idioma: Inglés