1st Edition
by G. E. Anderson (Author)
An in-depth look at the Chinese car industry that sheds new light on the delicate nature of China's planned economy
China's unprecedented growth over the last three decades, along with
the recent financial crisis in the West, has raised questions about the
superiority of state-led capitalism. In Designated Drivers: How China Plans to Dominate the Global Auto Industry,
G.E. Anderson, a specialist in finance and Chinese political economics,
uses the auto industry to examine how China's industrial planning
works, and explores whether state involvement in the economy really is a
winning formula for sustainable growth.
Bringing to light the
strengths and weaknesses that define the Chinese economy, Anderson finds
that in some ways the government has become its own worst enemy, unable
to choose between industrial competitiveness and social stability.
While the economy is booming now, evidence suggests that long-term
success is far from assured. Tracing the evolution of the post-Mao auto
industry through thirteen case studies, Designated Drivers raises the difficult questions about the future of China that few people have dared to ask.
- Offers a unique insight into the Chinese economy through the lens of the auto industry
- Explores how successful the central government has been in spurring economic growth and the long-terms costs of intervention
- Uses case studies to illustrate China's explosive growth over the last three decades
A painstakingly researched analysis of the Chinese automobile industry, Designated Drivers
explains the risks and rewards inherent in doing business in China that
anyone interested in, or already working there need to understand.
