When Hu Jintao, China's current leader, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs had played in helping China experiment with private enterprise. As the two men stared at the physical destruction Al Qaeda had unleashed on US soil, Paulson was standing next to the man who embodied a greater threat--and a greater opportunity--for the US in the years ahead.
In DEALING WITH CHINA, the bestselling author of On The Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions:
·How did China become an economic superpower so quickly?
·Who really runs China?
·How does business gets done there?
·What are the best ways for Western business and political leaders to engage, compete and beat China?
·How can Western investors profit in China?
·Can China be stopped? DEALING WITH CHINA is written in the same anecdote-rich, page-turning style as his memoir, On The Brink. If his last book was about the hot war of the financial crisis; his current project is about cold war. And cold war often makes for more interesting reading.
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"But Mr. Paulson's warnings demand attention...[he] knows more about China, its politics and the players behind it than most Westerners...Mr. Paulson's analysis in his book...are all the more remarkable because he has long been a bull on China and has deep friendships with its senior leaders."―Andrew Ross Sorkin, The New York Times
Praise for ON THE BRINK, New York Times, Wall Street Journal, and USA Today Bestseller
"Penetrating . . . goes behind closed doors . . . a highly personal, you-are-there telling for how top players in government and finance staved off a disaster that could have been much worse."―Bloomberg News
"Fast-paced . . . engaging . . . well-written."―Washington Post
"Highly detailed . . . a gripping book."―Wall Street Journal
"Concentrates on his extraordinary thirty months at Treasury . . . Paulson had to wrestle with more, and more burning, crises than any Treasury secretary in history."―Roger Lowenstein, author of The End of Wall Street, and journalist, New York Times Book Review
"Tells how he brought us back from the brink of financial collapse . . . [includes] major revelations . . . Read On the Brink and get Paulson's take on the whole affair."―Forbes.com
"The first lengthy account of the crisis from a key decision maker. The book offers a look at Paulson's thinking during those scary days, as well as his sometimes unvarnished opinions of other Washington characters, many of whom had central roles in managing the government's response."―Dallas Morning News
"A fantastic read . . . succinct and to the point."―Business Insider
Hank Paulson, the former US Treasury Secretary and CEO of Goldman Sachs, taps into his network of high-level contacts to explore whether China's state-controlled capitalism will prove to be superior to US capitalism.
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