China trade and power book
China, Trade and Power - Hinrich FoundationFrom a Western point of view, the policy of economic engagement with China has failed. How did Western, market-orientated, property-owning, liberal democracies go from being in a position of complete global hegemony in the early s to the current crisis of confidence and loss of moral foundation? This book tells the story of the most successful trading nation of the early twenty-first century. 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 economic power has been translated into political power, and the West now has a global rival that is politically antithetical to liberal values. The supply-side deflation from allowing million low-cost workers into the global trading system combined with the policy of inflation targeting by Western central banks has led to falling real incomes for many in the West and rising asset prices that have benefited the few. 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.
China, Trade and Power: Why the Wests Economic Engagement Has Failed
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We sponsored this book to promote reasoned and informed debate on the trade relationship between the West and China. As the trading nations of the world embark on a change of direction in their policies toward trade, we believe it is of the utmost importance that we understand the true and full extent of how past policies of engagement with China have impacted Western societies. At the same time, there have been remarkable but unintended impacts on standards of living in the West. Click here to download a copy of the book infographic. Stewart Paterson's book, China, Trade and Power, cited as a useful guide on the sources of current issues with China. China, Trade and Power.
In his book, China, Trade and Power , author Stewart Paterson argues that the conditions under which China joined the WTO precipitated numerous unforeseen consequences for developed economies and the Western liberal order. Please join us to discuss Mr. For more information, please email: emerson. Stewart Paterson spent 25 years in capital markets as an equity researcher, strategist and fund manager. In , he co-founded Riley Paterson Investment Management in Singapore, where he ran a macro-driven hedge fund that exploited the anomalies in capital markets being created by globalization and the existing monetary order. He holds an M. He is also an adviser to the Silverhorn Group, a wealth management boutique with a core focus on Asia.
Buy book View cart. From a Western point of view, the policy of economic engagement with China has failed.
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