What the U.S. Can Learn from China: An Open-Minded Guide to Treating Our Greatest Competitor as Our Greatest Teacher
Description
Ann Lee provides an unvarnished assessment of China's political economy and governance structure, analyzing the sources of China's success and identifying lessons that can be applied by other governments regardless of ideology. As a Chinese-American who emigrated to the U.S. from Hong Kong at the age of seven, Lee is uniquely situated to help Americans understand how China sees its own society and how to adapt some Chinese practices to benefit the U. S. For example, the Chinese economy is designed to make the kind of unproductive and unrestrained financial speculation that has devastated much of the West impossible. Aspiring Chinese politicians have to pass tests to prove their competency to govern. The Chinese homicide rate is a fifth of what it is in the U.S. While not blind to China's shortcomings, Lee argues that rather than demonizing China, a more productive use of time and resources is to learn from this rising power in order to maximize the talent of millions of people.
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Praise for What the U.S. Can Learn from China
"Ann Lee shows us how the United States can also learn much from the country that will soon have the world's largest economy. Professor Lee foresaw the 'Great Recession' two years before it happened; we should all listen to her now as she describes how China and the United States can work together to shape a safer and more prosperous world." --Charlie Kolb, President, Committee for Economic Development, and former Deputy Undersecretary, U.S. Department of Education "The author makes sensible points about all the topics covered and has interesting points of view about so many issues. A wide-sweeping book that makes engaging reading." --William Lewis, Founding Director, McKinsey Global Institute "A refreshing departure from the unilateral perspective hobbling geopolitical debate. Even those who see major flaws in China's system will find themselves agreeing with many of Ann Lee's provocative prescriptions." --Joseph Menn, U.S. correspondent, Financial Times, and author of Fatal System Error
"Ann Lee takes issue with those who see China's rise only as a threat to America and not also as an opportunity. By looking at some of the root policies and attitudes behind China's recent success, she shows how lessons from China can bring Americans full circle, back to the values and aspirations that made the United States a great country in the first place. Her book adds much-needed nuance to the debates over China's role in the global economy and as a rising world power." --Michele Wucker, President, World Policy Institute
"Misconceptions abound about China and how it works today. Ann Lee's book takes a fresh and controversial look at the Chinese system and its strengths." --Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School
"Ann Lee's What the U.S. Can Learn from China is a rare achievement in today's examinations of U.S.-China relations: it supplements an
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Content
Chapter 1: Meritocracy
Chapter 2: Five-Year Plans
Chapter 3: Special Economic Zones
Chapter 4: Soft Power
Chapter 5: Confucianism
Chapter 6: Real Economy First
Chapter 7: Opportunities for Co-Creating a Better World
Epilogue: What the Chinese Can Learn From the U.S.