Economy

St. Martin’s Press: Dexter Roberts explores the reality behind today’s financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered. He focuses on two places: the village of Binghuacun in Guizhou province, one of China’s poorest regions that sends the highest proportion of its youth away; and Dongguan, China’s most infamous factory town located in Guangdong, home to both the largest number of migrant workers and the country’s biggest manufacturing base.Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers-turned-migrant-workers who are struggling to make a living in a fast-changing country that relegates half of its people to second-class status via household registration, land tenure policies, and inequality in education and health care systems.Roberts brings to life the problems migrant workers face today as they attempt to overcome a divisive system that poses a serious challenge to the country’s future development.

Public Affairs: China—America’s most important competitor—is at a turning point. With economic growth slowing, Chinese people face inequality and uncertainty as their leaders tighten control at home and project power abroad.NPR correspondent Frank Langfitt describes how he created a free taxi service—offering rides in exchange for illuminating conversation—to go beyond the headlines and get to know a wide range of colorful, compelling characters representative of the new China. They include folks like “Beer,” a slippery salesman who tries to sell Langfitt a used car; Rocky, a farm boy turned Shanghai lawyer; and Chen, who runs an underground Christian church and moves his family to America in search of a better, freer life.

London Publishing Partnership: Few people could tell you what happened on December 11, 2001, yet China’s accession to the World Trade Organization (WTO) will define the geopolitics of the 21st century. What were Western leaders thinking at the time?This book tells the story of the most successful trading nation of the early 21st century. It looks at how the Chinese Communist Party has retained and cemented its monopoly of political power, producing unimagined riches for the political elite. It is the most extraordinary economic success story of our time, and it has reshaped the geopolitics not just of Asia but of the world. As China has come to dominate global manufacturing, its power and influence has grown. This economic power is being translated into political power, and the West now has a global rival that is politically antithetical to liberal values.Meanwhile, economic liberalism has lost its moral foundation, in part because economic outcomes are not perceived to be the result of fair competition. The weaknesses of the West’s democratic model are being laid bare as a lack of wage growth coupled with a policy of inflation targeting by Western central banks has led to falling real incomes for the many, and rising asset prices that have benefited the few.In order to have a fighting chance of protecting the freedoms of liberal democracies, it is of the utmost importance that we understand how the policy of indulgent engagement with China has affected Western society in recent years. Only then will the West be able to change direction for the better, and row back from the harmful consequences of China’s accession to the WTO.{chop}