Free Download Dealing with China: An Insider Unmasks the New Economic Superpower
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Dealing with China: An Insider Unmasks the New Economic Superpower
Free Download Dealing with China: An Insider Unmasks the New Economic Superpower
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Henry M. Paulson, Jr., former secretary of the US Treasury and CEO of Goldman Sachs, delivers a behind-the-scenes account of China's rise as an economic superpower.
When Hu Jintao, China's then vice president, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs played in helping China experiment with private enterprise. In Dealing with China, the best-selling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions: How did China become an economic superpower so quickly? Who really runs China? How does business get done there? What are the best ways for Western business and political leaders to engage, compete with, and beat China? How can Western investors profit in China?
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Audible Audiobook
Listening Length: 18 hours and 31 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Hachette Audio
Audible.com Release Date: April 14, 2015
Whispersync for Voice: Ready
Language: English, English
ASIN: B00U9SEFKE
Amazon Best Sellers Rank:
I don’t know why investment bankers think their deals are so fascinating to the rest of us. Perhaps they are impressed by the senior people they rub shoulders with or the idea that this confers status on them. I’ve just finished reading about ten books on China and this is by far the least interesting one. “We met with this guy, then that guy...who should go to the next meeting?...then I introduced this guy to another guy...blah, blah, blah....Did I mention how great Goldman is? I was looking to get some insight into China and how the Chinese think, but I found nothing of substance here, nothing practical that I could use in my interactions with mere mortals, nothing that I couldn’t gleen from The Economist or the FT. If you’re an ibanker you might find this interesting, but I suspect that the last thing Ibankers want to read about when not working (which is almost never) is someone else’s deals. There are a lot of great books about China and this isn’t one of them. Save your time and money and don’t buy this book.
Really great read and very refreshing take on China's transformation over the past 30 years. Paulson very clearly admires and respects China's leaders. With few exceptions they are portrayed as very smart human beings who care deeply about their country. In contrast to many writers, Paulson found the Chinese to be honest and forthright. It is noted that change comes slowly while consensus is built with large groups of decision makers. Frequent mention is made of the Communist Party's ongoing struggles to root out bureaucratic corruption and fradulent business practices in a country with three times the population of the United States.
I've read a lot of books on doing business with China. Most try and fail to build solid and iterative principles. Most are poorly written.Paulson's book is the best I've read. A lot of this is due to the high profile deals he has done - he has very strong anecdotes and speaks therefore from a position of authority.I'd say this is required reading above all others for those trying to do business in China. In a nutshell, he puts it down to an ability to read the situation is in China and tailor his deals to those greater objectives.USA needs people with the patience and understanding of China. Trump should read this and then maybe he would work pragmatically and not go on a populous inspired rampage and potentially cause a disaster between the two nations.Anyway I had to put this book at 3 stars because the last few chapters could have been put in another book. Too broad and most readers are exhausted by this point.
I won't echo many of the other reviewers, but this is an important book to understand China. I was encouraged to read about China's commitment to cleaning up the environment, and the challenges that come with incorporating that into their economic growth plans. Also pretty clear that Goldman's early work in China was an important factor in their going public in late 90's. Capital required for China was too much for a partnership to bear.
My son had a video of the book, which I enjoyed. I bough the book for my other son, who is a very avid reader. There is absolutely no question that Paulson is a very intelligent man, and was a great leader at Goldman Sachs. They sorely miss his leadership now, with little or no integrity left at the firm.I do question if Mr. Paulson had the Financial Industry, rather than the great American, taxpaying, middle class at heart when he called for the bailout of his Industry while he was Secretary of the Treasury. I think his career influenced his thinking.
From what I know of him, I like Henry Paulson. He has a laid back demeanor, seems a willing listener and is not overbearing in any way. However. as an author, I'm not so sure. His fascination with China is a bit puzzling, and the book is a bit boring.The book is primarily about Mr. Paulson's experiences with high ranking individuals in China and is divided more or less into three sections. The first relates to business experiences while he was at Goldman Sachs. The second, his involvement in China's economic development while he was secretary of the U.S. Treasury and the third and longest section, that is continuing, is about his relationship with China's leaders as the head of the Paulson Institute. The third section in particular, reads as if he is writing to the responsible Chinese officials rather than the general reader, as if he is expecting they will read the book. He is selling his services as they convert from a manufacturing to a consuming economy. He also offers help in the economical improvement of their environment.His premise is that communist or not, it is better to help the Chinese rather than be antagonistic of even agnostic toward them.
Paulson spends a lot of time talking about himself. There is just as much personal advertising content as there is about China. Within the personal advertising Paulson provides some valuable glimpses behind the scenes at GS, Treasury, and in China. The last several chapters proved the most valuable and insightful.
A rather limited account in which anyone still in power is wonderful, and those who are not are ignored, whatever their contributions to US-China relations or reform in China in the past. Paulson's access in China is at no risk at all after this book. But as an account of how commercial America looks at China and a description of economic interdependence between the two countries this book is worth reading.
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