In 'Dealing with China,' former Treasury Secretary Henry M. Paulson Jr. shares his riveting firsthand experiences in navigating the complex U.S.-China relationship. With a unique perspective drawn from years of high-stakes diplomacy, Paulson unveils the intricacies of China's economy and political landscape. He explores the delicate balance of cooperation and competition between the two superpowers, sparking vital discussions on trade, investment, and global security. As he reveals the challenges and opportunities that lie ahead, readers are left questioning what the future holds for this dynamic partnership. This book is a compelling call to understand China not just as a rival but as a crucial player in the global arena.
By Henry M. Paulson Jr.
Published: 2016
"In an interconnected world, understanding China is not just an option; it is an imperative for global stability and prosperity."
Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Paulson had a pivotal role in opening up China to private enterprise. Then, as Treasury secretary, he created the Strategic Economic Dialogue with what is now the world's second-largest economy. He negotiated with China on needed economic reforms, while safeguarding the teetering U.S. financial system. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades. In DEALING WITH CHINA, Paulson draws on his unprecedented access to modern China's political and business elite, including its three most recent heads of state, to answer several key questions: How did China become an economic superpower so quickly? How does business really get done there? What are the best ways for Western business and political leaders to work with, compete with, and benefit from China? How can the U.S. negotiate with and influence China given its authoritarian rule, its massive environmental concerns, and its huge population's unrelenting demands for economic growth and security? Written in the same anecdote-rich, page-turning style as Paulson's bestselling memoir, On the Brink, DEALING WITH CHINA is certain to become the classic and definitive examination of how to engage China's leaders as they build their economic superpower.
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“In an interconnected world, understanding China is not just an option; it is an imperative for global stability and prosperity.”
Dealing with China
By Henry M. Paulson Jr.
Discover a world of knowledge through our extensive collection of book summaries.
Henry M. Paulson Jr. is an esteemed American businessman, civil servant, and author known for his pivotal role in the financial industry and government. He served as the 74th Secretary of the Treasury under President George W. Bush from 2006 to 2009, navigating the nation through the financial crisis. Paulson is the author of several notable works, including 'On the Brink: Inside the Race to Stop the Collapse of the Global Financial System,' which provides an insider’s perspective on the economic turmoil and decisions made during that critical period. His writing is characterized by a clear, analytical style that blends personal narrative with economic insights, making complex financial concepts accessible to general readers.
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