In Line Behind A Billion People: Will Scarcity Stop China From Winning The Global Economic Race?

Product Description

Everything you thought you knew about China is wrong: why China's economic rise will constrain it, not empower it. 

• Getting past anxiety and cheerleading: a view of modern China that's richer, more complex, more subtle – and more accurate
• Why 21st century China will be shaped by scarcity, not wealth – just as China always has been
• Understand why China's growing middle class is shackled facing an emerging crisis of values, beliefs, ideas, and freedoms
• The one book on China every decision-maker, investor, policymaker, and economist needs to read now.

Nearly everything you know about China is wrong! Yes, within a decade, China will have the world's largest economy. But that is the least important thing to know about China. In this enlightening book, two of the world's leading China experts turn the conventional wisdom on its head, showing why China's economic growth will constrain rather than empower it. Pioneering political analyst Damien Ma and global economist Bill Adams reveal why, having 35 years of ferocious economic growth, China's future will be shaped by the same fundamental reality that has shaped it for millennia: scarcity. Ma and Adams drill deep into Chinese society, illuminating all the scarcities that will limit its power and progress. Beyond scarcities of natural resources and public goods, they illuminate China's persistent poverties of individual freedoms, cultural appeal, and ideological legitimacy — and the corrosive loss of values and beliefs amongst a growing middle class shackled by a parochial and inflexible political system. Everyone knows 'the 21st century is China's to lose' — but, as with so many things that 'everyone knows,' that's just wrong. Ma and Adams get beyond cheerleading and fearmongering to tell the complex truth about China today. This is a truth you need to hear — whether you're an investor, business decision-maker, policymaker, or citizen