China's Change

The Greatest Show on Earth

Business & Finance, Economics, Economic Development, Nonfiction, Social & Cultural Studies, Political Science, International, Reference & Language, Reference

• Author: Hugh Peyman
• ISBN: 9789813231443
• Publisher: World Scientific Publishing Company
• Publication: March 20, 2018
• Imprint: WSPC
• Language: English

China's Change injects timely, original ideas into the world's most important, if confused, debate over how to manage the twin challenges of anaemic economic growth and accelerating global disruption. Change is the cry from the US to Europe, Asia to Australasia. The snag is the West has no playbook to help. China however, to regain control of its future, has regularly reinvented itself by understanding change's nature through traditional philosophy.

This book argues it is time to "Look to China" but stresses China's approach to managing change only supplies the process not individual policies: the how not the what. Policies have to be created locally. In managing change, traditional thought is China's X-Factor, the key to China's record-breaking economic transformation. To grasp this, China's Change provides an understanding of China's past, present and future through its philosophy, history, economics, business, politics, prospects and impact in a way that no other book has done.

Two big global questions are answered. Can other countries, firms and individuals find paths out of their dim twilight by adapting China's change process? Can China continue to create one-third of world growth, more than the US, EU and Japan combined, to help cure the last decade's global economic malaise?

China's roadmap for change enables anyone to navigate growing global disruption. Ironically China's process is built on such ignored-in-the-West ideas as long-term thinking, clear priorities, gradualism and non-ideological pragmatism that earlier powered two centuries of Western economic dominance. If the West and rest of Asia learn from China to manage change, the next global surprise could be another turning of the tables. There is no end to history, only more turns of the wheel: for now China's Change is again the Greatest Show on Earth.

Contents:

• China and an Increasingly Disrupted World
• Change, the Chinese Principle and the Greatest Show on Earth
• History, Philosophy, Strategy and Governance
• 20 Essential Ideas for Life, Family, Business and Government
• Pivots of Change
• Managing Change: China's X-Factor
• The Overseas Connection
• Wen's Xun and Wenzhou Theatre
• Battling within the Party for Change
• Why Many Misunderstand China
• Why China's Economy is Misunderstood
• Economic Change: The Difference is Night and Day
• Four Strong Overlooked Pillars
• Ghosts, Nightmares, Middle-Income Trap and Reality
• Finding the Morning Sun to Avoid a Chaotic Era

Readership: General public interested in the social, political, economic and financial development of China as well as world affairs.
Key Features:

• Identifying China's understanding of change to explain China's record-breaking economic recovery is unique; and a process that can be applied in the rest of the world
• "Look to China" is a startling and very unconventional idea for those in the West and parts of Asia battling with slow growth, economic challenges and no clear idea how to solve current problems: yet they have looked to China before with great success
• China's Change weaves decades of detailed on-the-ground research and observations to correct major misconceptions such as ghost cities, shadow banking and excessive debt, while describing China's process that makes change work