With the United States and China, who will rule whom? That's the central question of In the Jaws of the Dragon by Tokyo-based journalist and writer Eamonn Fingleton. His own answer is sobering. As ...
With the United States and China, who will rule whom? That's the central question of In the Jaws of the Dragon by Tokyo-based journalist and writer Eamonn Fingleton. His own answer is sobering. As American leaders fixate on the Middle East, China quietly consolidates both its geostrategic vision and its economic and military power. What is at stake is far more important than manufacturing jobs or the transparency of Sovereign Wealth Funds. It is a matter of which nation will control the global system America built, and the nations integrated into that system.
Fingleton has lived and worked in Asia since the mid 1980s, and he has covered international economics and business since the 1970s. The American ruling elite, he says, does not understand China, nor the nature of the Chinese government. Most members of the elite continue to believe - a la Tom Friedman - that liberal trade will liberalize China. But Fingleton writes that what is taking place is the exact opposite. "Globalization" has merely given Beijing the financial and institutional tools to get what it wants from America, when it wants.
Over the years, Fingleton has repeatedly proven a prescient observer of international economic trends. In the late 1980s he predicted the crash of the Japanese banking system and stock market. In the late 1990s he predicted the crash of the high-technology boom, and the subsequent shift of real power back to those who control production and supply. His articles have been published in The Atlantic, The New York Times, the Washington Post, and the Harvard Business Review, among others. In the Jaws of the Dragon is Fingleton's fourth major book on trans-Pacific industrial and trading relationships.
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i wouldn't mind if the chines became the next super power i think we americans need a reality check
i wouldn't mind if any country in the would became the next super power i just hope our dumb american military leaders don't start another war for no reason.
the world has nothing to fear whoever willbe the world superpower..be afraid if us remains to be..bcoz they sucks..they aggravate & mutilate raw material rich countries..& they wage war just becoz of oil..GREED is root of all evils, encouraged by FUCKING CAPITALISM
Chinese people are all over the world, Chinese businessmen owns like Malaysia, Thailand, etc etc, the list goes on. They already have a certain level of economic hegenomy.
American companies in the face of bankruptcy is also bought out by Chinese entrepreneurs, who we all know do not have full privatized businesses cause the state has part ownership, meaning large American firms, unknown to the public, are actually Chinese-owned.
An unusually clear-eyed view of China's role in the world. The questioner @ the end is right, though. He never deals w/ the question of exactly what the US's role will be under his predicted coming Chinese hegemony. The answer is probably not pleasant. I imagine it starts w/ us getting used to a dramatically reduced standard of living - esp. if China wants to start cashing the IOUs she's been accumulating from us, & dumping $s & T-bills to trash our currency/economy if we fail to pony up.
I dont see the big deal. Balance of power has shifted from one world giant to the next throughout the history of urbanized agricultural societies. From ancient city-states such as Ur, to the Median Empire, to the rise of Rome and Carthage, to the British colonial empire, and finally the United States of America. The winds of change are blowing and they will continue to blow unless something phenomenal happens. No big deal
China had been the dominant power in most of human "written history", if not globally dominant, certainly the most culturally and technologically advanced civilization up til the 19th-20th century.
China will not just succumb and adopt the Western model completely, it has such a rich culture, which can and has been exported that allows it to become a "true superpower".
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i wouldn't mind if any country in the would became the next super power i just hope our dumb american military leaders don't start another war for no reason.
American companies in the face of bankruptcy is also bought out by Chinese entrepreneurs, who we all know do not have full privatized businesses cause the state has part ownership, meaning large American firms, unknown to the public, are actually Chinese-owned.
China will not just succumb and adopt the Western model completely, it has such a rich culture, which can and has been exported that allows it to become a "true superpower".
peace