China: The Race to Market: What China's Transformation Means for Business, Markets and the New World Order

Author Jonathan Story has assembled in one relatively short book a dense collection of facts, hypotheses and perspectives on China. Unlike many writers who have fixed ideas about China and use their books to promote their ideas, Story gives full and fair time to competing viewpoints. He is not selling a hypothesis, but exploring possibilities. Readers who prefer easy and definitive answers may feel frustrated, because Story provides only difficult and ambiguous alternatives. Yet his approach is solid, and more accurate than a finite stance could be. The future of anything is uncertain, and China is egregiously inscrutable, so any honest pronouncement on China's future must acknowledge uncertainty, difficulty and ambiguity. If the book has a demerit, it is that the author sometimes offers interesting, but meandering digressions through the minutiae of Chinese chronology without fully explaining why the details matter. China is perplexing, so we welcome this compilation of insight - we would have been glad to read even more.

Jonathan Story is one of only a few writers who can relate so credibly the connection between business decision-making and public policy making.. In China: Race to market, he documents political and economic developments in the emerging China of the 21st century. More importantly, especially for those at the helm of Western enterprises, Professor Story explains in clear terms the opportunities and the challenges facing those seeking to establish and grow businesses in China. It's a good read: compelling, thought provoking, and laced with sound and practical business advice.

China: the race to market is an excellent book for anyone who wishes to understand the direction in which the Chinese polity and economy is developing. For providing a background for developing strategies for business development it is therefore a must. And in addition it is a very enjoyable read. The major attraction of the analysis is the clear exposition of the various forces bearing on policy making and action in China within the Communist state, and by implication therefore on the the economy and the business environment. One cannot make business strategy without reference to a coherent macro view of the relevant environment and for any business either seeking to operate in China, or likely to be impacted directly or indirectly by events there, there can be nothing better than this book to establish a coherent view of likely development.