What The U.S. Can Learn From China

An Open-Minded Guide to Treating Our Greatest Competitor as Our Greatest Teacher

| 288 pages

What The U.S. Can Learn From China

Lays out what America can gain by studying China's approach to politics, economics, finance, education, foreigh policy, and more.

  • Lays out what America can gain by studying China's approach to politics, economics, finance, education, foreign policy, and more
  • Author Ann Lee, a self-proclaimed "tiger mother for the U.S. economy," has experience on both sides of the Pacific-she has taught in China and worked on Wall Street
  • Counters the trend of demonizing China by offering a rare nuanced view of how Chinese society actually works
  • Winner of the Gold IPPY award from Independent Publisher book awards

While America is still reeling from the 2008 financial crisis, a high unemployment rate, and a surge in government debt, China's economy is the second largest in the world and many predict it will surpass the United States' by 2020. President Obama called China's rise "a Sputnik moment"-will America seize this moment or continue to treat China as its scapegoat?

Mainstream media and the U.S. government regularly target China as a threat. Rather than viewing China's power, influence, and contributions to the global economy in a negative light, Ann Lee asks: What can America learn from its competition? Why did China suffer so little from the global economic meltdown? What accounts for China's extraordinary growth, despite one of the highest corporate tax rates in the world? How does the Chinese political system avoid partisan rancor but achieve genuine public accountability? From education to governance to foreign aid, Lee details the policies and practices that have made China a global power and then isolates the ways the United States can use China's enduring principles to foster much-needed change at home.

This is no whitewash. Lee is fully aware of China's shortcomings, particularly in the area of human rights. She has relatives who suffered during the Cultural Revolution. But by overemphasizing our differences with China, the United States stands to miss a vital opportunity. Filled with sharp insights and thorough research, What the U.S. Can Learn from China is Lee's rallying cry for a new approach at a time when learning from one another is the key to surviving and thriving.

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Overview

Lays out what America can gain by studying China's approach to politics, economics, finance, education, foreigh policy, and more.

  • Lays out what America can gain by studying China's approach to politics, economics, finance, education, foreign policy, and more
  • Author Ann Lee, a self-proclaimed "tiger mother for the U.S. economy," has experience on both sides of the Pacific-she has taught in China and worked on Wall Street
  • Counters the trend of demonizing China by offering a rare nuanced view of how Chinese society actually works
  • Winner of the Gold IPPY award from Independent Publisher book awards

While America is still reeling from the 2008 financial crisis, a high unemployment rate, and a surge in government debt, China's economy is the second largest in the world and many predict it will surpass the United States' by 2020. President Obama called China's rise "a Sputnik moment"-will America seize this moment or continue to treat China as its scapegoat?

Mainstream media and the U.S. government regularly target China as a threat. Rather than viewing China's power, influence, and contributions to the global economy in a negative light, Ann Lee asks: What can America learn from its competition? Why did China suffer so little from the global economic meltdown? What accounts for China's extraordinary growth, despite one of the highest corporate tax rates in the world? How does the Chinese political system avoid partisan rancor but achieve genuine public accountability? From education to governance to foreign aid, Lee details the policies and practices that have made China a global power and then isolates the ways the United States can use China's enduring principles to foster much-needed change at home.

This is no whitewash. Lee is fully aware of China's shortcomings, particularly in the area of human rights. She has relatives who suffered during the Cultural Revolution. But by overemphasizing our differences with China, the United States stands to miss a vital opportunity. Filled with sharp insights and thorough research, What the U.S. Can Learn from China is Lee's rallying cry for a new approach at a time when learning from one another is the key to surviving and thriving.

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Meet the Author


Visit Author Page - Ann Lee



Ann Lee is a Senior Fellow at Demos and the author of the forthcoming book'What the U.S. Can Learn from China."" She also teaches graduate finance and economics at New York University and was formerly a professor at Peking University and Pace University. Before that, she was a former investment banker and hedge fund partner. Ms. Lee was educated at U.C. Berkeley, Princeton, and Harvard. She has been widely published in mainstream media such as The Financial Times, The Wall Street Journal, Newsweek, and Businessweek and regularly guests on CNBC, Fox Business, Bloomberg, CNN and many other television and radio stations around the world.

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Forward

Preface

Introduction: A New Year's Resolution

Chapter 1: The China Mirable

Chapter 2: Confucian Philosophy

Chapter 3: Meritocracy

Chapter 4: Five-Year Plans

Chapter 5: Special Economic Zones

Chapter 6: Real Economy First

Chapter 7: Soft Power

Chapter 8: Cocreating a Better World

Epilogue: What China Can Learn from America

Notes

Bibliography

Acknowledgments

Index

About the Author

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