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In this highly relevant collection, Peter Nolan argues that every effort of policy has to be directed towards avoiding this potentially catastrophic outcome. In their search for a way forward, China’s leaders are looking to the lessons from the country’s own past, as well as to those from other countries, in order to find a way to build a stable, cohesive and prosperous society. This effort is of vital importance, not only for China, but also for the whole world.
'I find myself agreeing with virtually every point that Nolan takes on in this outstanding volume... This is a book that should be read by all. ' —Doug Guthrie, Professor of Management, New York University, in ‘China Quarterly’
Foreword; Reflections on 4th June 1989; The Global Business Revolution and Developing Countries; The Globalisation Challenge and the Catch-up of Developing Countries: The Case of the Brewing Industry; The Global Industrial Consolidation and the Challenge for China: The Case of the Steel Industry; China in the Asian Financial Crisis: Cutting the Trees to Save the Forest; China at the Crossroads; Capitalism and Freedom: The Contradictory Character of Globalisation; Capitalism, Conflict and Cooperation: US-China Relations under Capitalist Globalisation; Index