Unmade in China: The Hidden Truth about China's Economic Miracle

Unmade in China: The Hidden Truth about China's Economic Miracle

ISBN: 0745684017 | 2015 | EPUB | 208 Pages | 2 MB

If you look carefully at how things are actually made in China - from shirts to toys, apple juice to oil rigs - you see a reality that contradicts every widely-held notion about the world's so-called economic powerhouse. From the inside looking out, China is not a manufacturing juggernaut. It's a Lilliputian. Nor is it a killer of American jobs. It's a huge job creator. Rising China is importing goods from America in such volume that millions of U.S. jobs are sustained through Chinese trade and investment.

In Unmade in China, entrepreneur and Georgetown University business professor Jeremy Haft lifts the lid on the hidden world of China's intricate supply chains. Informed by years of experience building new companies in China, Haft's unique, insider's view reveals a startling picture of an economy which struggles to make baby formula safely, much less a nuclear power plant. Using firm-level data and recent case studies, Unmade in China tells the story of systemic risk in Chinese manufacturing and why this is both really bad and really good news for America.

"China's economic future will determine the world's future. This important book makes new factually grounded arguments about the challenges China faces. Its arguments deserve attention from anyone with a stake in our economic future."
Lawrence H. Summers, former Treasury Secretary and President Emeritus, Harvard University

"Challenging conventional wisdom of China's economic supremacy, Haft deftly and entertainingly uncovers how systemic risk in China's economy actually creates millions of jobs in the United States. Unmade in China is a must-read for global policy makers, business leaders, and anyone who wants to understand the US?China trade relationship."
Richard Gephardt, former Majority Leader of the US House of Representatives

"A clear-eyed analysis of China's fragile economy and its impact on the USA."
Admiral James Stavridis, USN (Ret) Supreme Allied Commander at NATO 2009?2013 and Dean of the Fletcher School of Law and Diplomacy, Tufts University

"A systematic, mind-changing, and remarkable read which debunks the myths about China's economic supremacy and provides an optimistic rallying cry for US companies. Outstanding!"
Clinton O. Longenecker, Stranahan Distinguished Professor of Leadership and Organizational Excellence, University of Toledo



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