China's Change by Hugh Peyman

China's Change

By Hugh Peyman

  • Release Date: 2018-03-02
  • Genre: Politics & Current Events
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Description

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. Keywords:China;China's Change;China's Economics;China's Business;China's Finance;Globalization;Disruption;Culture Wars;Post-BrexitReview: "Through the extraordinary array of people he has known and met over 40-years, Hugh Peyman tells the story of today's China in a way that has never been done before." Tony Hall BBC Director-General "It is rare for a foreigner to understand China from the ground up. Hugh's advantage is that he got to understand China's diaspora before working in China, going through the numbers at the ground level and meeting people engaged in both business and officialdom" Andrew Sheng Former Chief Adviser to the China Banking Regulatory Commission Head of the Hong Kong Securities and Futures Commission and author of From Asian to Global Financial Crisis "Every time you hear the negative alarm about China, reach for China's Change." Ralph Layman State Street Global Advisors Vice Chairman "China's Change is essential reading for any serious global investor. Get insights from the perspective of a researcher who sees things from top-down and bottom-up and who has lived in China for 15 years." Ng Kok Song Former Chief Investment Officer of the Government Investment Corporation of Singapore and Adviser to PIMCO "Punctures the biggest myths about the Chinese economy, from ghost cities to shadow banks. A great read, likely to change many readers' views on China." Andy...

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