Title
NO ANCIENT WISDOM, NO FOLLOWERS: The Challenges of Chinese Authoritarian Capitalism,Used
Delivery time: 8-12 business days (International)
In the past three decades, China has risen from near collapse to a powerhouse upending nearly every convention on the world stage, whether policy or business. China is now the globes second largest economy, second largest exporter, a manufacturing machine that has lifted 500 million of its citizens from poverty while producing more than one million US dollar millionaires.Then why do Chinas leaders describe the nations economic model as unstable and unsustainable? Because it is.James McGregor has spent 25 years in China as a businessman, journalist and author. In this, his latest highly readable book, he offers extensive new research that pulls back the curtain on Chinas economic power. He describes the muchvaunted China Model as one of authoritarian capitalism, a unique system that, in its own way, is terminating itself. It is proving incompatible with global trade and business governance. It is threatening multinationals, which fear losing their business secrets and technology to Chinas mammoth stateowned enterprises. It is fielding those SOEs Chinas national champions into a global order angered by heavily subsidized state capitalism. And it is relying on an outdated investment and export model thats running out of steam.What has worked in the past, wont work in the future. The China Model must be radically overhauled if the country hopes to continue its march toward prosperity. The nation must consume more of what it makes. It must learn to innovate. It must unleash private enterprise.And the Communist Party bosses? They must cede their pervasive and smothering hold on economic power to foster the growth, and thus social stability, that they cant survive without. Government must step back, the stateowned economy must be brought to heel, and opportunity must be freed.During the Tang Dynasty, an official in the imperial court observed: No ancient wisdom, no followers. He was lamenting that regime was headed alone into dangerous and uncharted waters without any precedent for guidance.Again today as McGregor makes clear this is Chinas greatest challenge.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.