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Dealing with China
Cover of Dealing with China
Dealing with China
An Insider Unmasks the New Economic Superpower
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Hank Paulson, the former United States treasury secretary and CEO of Goldman Sachs, takes the reader behind closed doors to witness the creation and evolution of China's state-controlled capitalism.

When Hu Jintao, China's current leader, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs had played in helping China experiment with private enterprise. Four years later, Paulson (now treasury secretary) was looking at the world's second largest economy and fastest modernizing military from a different perspective—that of a statesman who was responsible for safeguarding the United States financial system from a behemoth he had helped to empower.

In Dealing with China, the bestselling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions:

  • How did China become an economic superpower so quickly?
  • Who really runs China's businesses?
  • How does business get done there?
  • What are the best ways for Western business and political leaders to engage, compete with, profit from, and beat China?
  • Can China be stopped?
  • Dealing with China is written in the same anecdote-rich, page-turning style as Paulson's memoir, On the Brink.

    Hank Paulson, the former United States treasury secretary and CEO of Goldman Sachs, takes the reader behind closed doors to witness the creation and evolution of China's state-controlled capitalism.

    When Hu Jintao, China's current leader, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs had played in helping China experiment with private enterprise. Four years later, Paulson (now treasury secretary) was looking at the world's second largest economy and fastest modernizing military from a different perspective—that of a statesman who was responsible for safeguarding the United States financial system from a behemoth he had helped to empower.

    In Dealing with China, the bestselling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions:

  • How did China become an economic superpower so quickly?
  • Who really runs China's businesses?
  • How does business get done there?
  • What are the best ways for Western business and political leaders to engage, compete with, profit from, and beat China?
  • Can China be stopped?
  • Dealing with China is written in the same anecdote-rich, page-turning style as Paulson's memoir, On the Brink.

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    • Henry M. Paulson served under President George W. Bush as the seventy-fourth secretary of the Treasury from June 2006 until January 2009. Before coming to the Treasury, he had been chairman and chief executive officer of Goldman Sachs since the firm's initial public offering in 1999. He joined the Goldman Sachs Chicago office in 1974 and steadily rose through the ranks. Prior to joining Goldman Sachs, Paulson was a member of the White House Domestic Council, serving as staff assistant to the president from 1972 to 1973, and as staff assistant to the assistant secretary of defense at the Pentagon from 1970 to 1972. He graduated from Dartmouth in 1968, where he majored in English, was a member of Phi Beta Kappa, and was an All Ivy, All East football player. He received an MBA from Harvard in 1970.

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    An Insider Unmasks the New Economic Superpower
    Henry M. Paulson Jr.
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