Playing Our Game: Why China's Rise Doesn't Threaten the West - Softcover

Steinfeld, Edward S.

Softcover

ISBN 10: 0199837082 ISBN 13: 9780199837083

Publisher: Oxford University Press, 2012

Synopsis

Conventional wisdom holds that China's burgeoning economic power has reduced the United States to little more than a customer of Beijing. Not so, writes Edward Steinfeld. In this fascinating book, Steinfeld asserts that China's growth actually enhances Western commercial supremacy. By seeking to realize its dream of modernization by integrating itself into the Western economic order, China is playing by our rules, reinforcing the dominance of our companies and regulatory institutions. Indeed, China has in many ways handed over--outsourced--the remaking of its domestic economy and domestic institutions to foreign companies and foreign rule-making authorities. And even as Chinese companies assemble products for export to the West, the most valuable components for those products come from the West. America's share of global manufacturing, by value, has actually increased since 1990. Within China, the R&D centers established by Western companies attract the country's best scientists and engineers, and harness that talent to global, rather than indigenous Chinese, innovation efforts. In short, China's economic emergence is good for America.

About this title

About the Author

Edward Steinfeld is Associate Professor of Political Science at MIT, and is director of the MIT-China Program. He is the author of Forging Reform in China: The Fate of State-Owned Industry.

Edition details

• Publisher: Oxford University Press
• Publication date: 2012
• Language: English
• ISBN 10: 0199837082
• ISBN 13: 9780199837083
• Binding: Paperback
• Number of pages: 280