China Trade

Thirsty Dragon lays bare the untold story of how an influx of Chinese money rescued France's most venerable wine region from economic collapse and how the result was a series of misunderstandings and crises that threatened the delicate infrastructure of Bordeaux insular wine trade.

When China joined the World Trade Organization in 2001, most experts expected the WTO rules and procedures would liberalize China and make it "a responsible stakeholder in the liberal world order". But the experts made the wrong bet. China today is liberalizing neither economically nor politically but, if anything, becoming more authoritarian and mercantilist. In this book, renowned globalization and Asia expert Clyde Prestowitz describes the key challenges posed by China and the strategies America and the Free World must adopt to meet them.

Lange galt China als eine Art sanfter, schlafender Riese. Zwar war das politische System und dessen Menschenrechtsverletzungen nur schwer vereinbar mit westlichen demokratischen Werten, doch man setzte auf das Prinzip »Wandel durch Handel«. China würde sich mit steigendem Wohlstand schon öffnen. Doch das Gegenteil ist eingetreten: China verschließt sich nach außen, hat aber enorm an wirtschaftlichen und politischen Einfluss gewonnen. Bereits seit 2013 schafft die kommunistische Partei mit Krediten, Investitionen und Entwicklungsprojekten neue Absatzmärkte und hat neue Seidenstraßen erschlossen.

In light of the intertwining logics of military competition and economic interdependence at play in US-China relations, Trading with the Enemy examines how the United States has balanced its potentially conflicting national security and economic interests in its relationship with the People's Republic of China (PRC). To do so, Hugo Meijer investigates a strategically sensitive yet under-explored facet of US-China relations: the making of American export control policy on military-related technology transfers to China since 1979.

In the next decade and a half, China and India will become two of the world's indispensable powers - whether they rise peacefully or not. During that time, Asia will surpass the combined strength of North America and Europe in economic might, population size, and military spending. Both India and China will have vetoes over many international decisions, from climate change to global trade, human rights, and business standards.