Dealing with China

  • by Henry M. Paulson
  • Narrated by Kevin Stillwell
  • 18 hrs and 31 mins
  • Unabridged Audiobook

Publisher's Summary

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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Customer Reviews

Most Helpful

Bad title, amazing book

Hank Paulson is truly a China hand. He shares his valuable experiences in China. Anybody that wants to understand China should read this book.
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- Vincent

A Valuable Book on China

Many thanks to Hank Paulson for sharing numerous very interesting and insightful episodes from his high-level dealings with business and governmental figures in China.
Those experiences offer a vivid picture of a China that is far different from the single-minded monolith as often portrayed in the daily press and in many of our political debates. Like us, the Chinese grapple with financial, environmental and economic challenges. Although the Chinese political system is far from democratic as we know that system in Western countries, it is quite interesting to see evidence in the book of Chinese leaders’ genuine concerns for maintaining the confidence and respect of their citizens through civilized means. For a Communist government, that is certainly a sharp contrast with the methods of Stalinist Russia and of China itself during its so-called “Cultural Revolution” of the 1960’s.

The book is not a fawning tribute to all that the Chinese have accomplished since 1979 in the economic realm. Mr. Paulson spends time in the book on the problems in China arising from short-sighted and often corrupt government practices, as well as the daunting environmental and social problems that have accompanied an often heedless focus on economic expansion. It does offer very practical suggestions for our dealing with China in constructive and responsible ways—particularly by focusing on areas of clear common interest where we can work on problems together to our mutual benefit.

I strongly recommend the book. That said, Mr. Paulson would be the first to admit I suspect that he is not a literary star. His writing style relies largely on stock figures of speech rather than penetrating turns of phrase. Some of the latter parts of the book could also have benefited from sharper editing—they fall at times into generalities that could have well come from a text book. Still, the stories he tells are unique and illuminating, more than compensating for any literary shortcomings.
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- Michael Moore "mcubed33"

Book Details

  • Release Date: 04-14-2015
  • Publisher: Hachette Audio