Quand la Chine change le monde - Erik Izraelewicz
- In french. First published in 2005.
China just woke up, and the world is shaking. Never, in our economy-based history, so big a nation (1.3 billion inhabitants) had never met with so big a growth (8% a year) for so long a period of time (23 years). This success should comfort every one of us, but it worries every one of us. In one fourth of a Century, the world had changed China. Today, China is changing the world. Tomorrow, China may be the world first economical power before the United States of America. Due to its size, its appetite and means, to the hyper capitalism that is to be found there too, the "Middle Kingdom" destabilize the world markets - oil, steel, gold, corn, technological, employment... The Chinese choc impacts all.
-> China is becoming more and more present in our daily life, as the most populated country on earth, an unavoidable manufacturing partner, the fastest growing consumer market of all, while spending billions in acquiring well-established western companies, worldwide... yet still being a "market-oriented mixed economy" under one-party rule.
-> Most interesting elements of the books where the notions of monopsony and Karl Marx's Reserve army of labor.
China just woke up, and the world is shaking. Never, in our economy-based history, so big a nation (1.3 billion inhabitants) had never met with so big a growth (8% a year) for so long a period of time (23 years). This success should comfort every one of us, but it worries every one of us. In one fourth of a Century, the world had changed China. Today, China is changing the world. Tomorrow, China may be the world first economical power before the United States of America. Due to its size, its appetite and means, to the hyper capitalism that is to be found there too, the "Middle Kingdom" destabilize the world markets - oil, steel, gold, corn, technological, employment... The Chinese choc impacts all.
-> China is becoming more and more present in our daily life, as the most populated country on earth, an unavoidable manufacturing partner, the fastest growing consumer market of all, while spending billions in acquiring well-established western companies, worldwide... yet still being a "market-oriented mixed economy" under one-party rule.
-> Most interesting elements of the books where the notions of monopsony and Karl Marx's Reserve army of labor.