What the U.S. Can Learn from China: An Open-Minded Guide to Treating Our Greatest Competitor as Our Greatest Teacher (AGENCY/DISTRIBUTED) - Tapa dura

"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 already sophisticated analysis with a deep cultural understanding that is richly valuable and laudably objective. Ann's ability to ask the tough questions helps Americans to understand China better and China to see itself clearer."
--Nancy Yao Maasbach, Executive Director, Yale-China Association

"This book sparkles on literally every page with surprising insights and crucial information that everybody in America--and China--simply must become acquainted with or be reminded of. Whether it be about education, culture, politics and economics, or business, Ms. Lee has much, much more to teach both Americans and Chinese than any of us knew that we had yet to learn."
--Robert Hockett, Professor of Financial and International Economic Law, Cornell University

"It is no secret that China has become a convenient scapegoat for America's troubles even as its success is envied. This book has a lofty goal: to reduce the potential for international conflict by increasing Westerners' understanding of that success. Ann Lee's well-written analysis shows that China's success is not merely based on a modern mercantilist policy but rather is due to adoption of best practices from the West--from building social safety nets to conducting business according to international standards. What is most interesting is Lee's main thesis: America needs to look to China to save itself, by reimporting the lessons the West has forgotten. This is a serious book that should be read as an antidote to all the China-bashing myths circulating in America."
--L. Randall Wray, Professor of Economics, University of Missouri-Kansas City, and Senior Scholar, Levy Economics Institute

"There are so many insecurities we all share about China; this book brilliantly quantifies and identifies many of them. The author's perspective is one of the most interesting and unique. This makes the book an extremely compelling read. The message is loud and clear: Americans ignore China at their peril. This book answers so many questions we're unfortunately afraid to ask."
--Lawrence G. McDonald, Senior Director, Credit Sales and Trading, Newedge USA, LLC

"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

China succeeded Japan as the world's second largest economy in 2010 many predict it will grow to be larger than the United States by 2020. Three decades ago, China was a rural economy with barely any exports. The rise of China presents the United States with a "Sputnik Moment," in the words of President Obama. Will we rise to the challenge as we did during the space race, or will we rationalize and scapegoat our way to explaining why we can't compete?

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.