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The Chinese Dream: The Rise of the World's Largest Middle Class and What It Means to You [Paperback]

Helen H. Wang , Lord Wei
4.8 out of 5 stars  See all reviews (12 customer reviews)

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Book Description

November 10, 2010
2nd Edition: July 6, 2012 - In The Chinese Dream, a groundbreaking book about the rising middle class in China, Forbes columnist, consultant, and China expert Helen Wang challenges us to recognize that some of our fears about China are grossly misplaced. As a result of China's new capitalist paradigm, a burgeoning middle class-calculated to reach 800 million within the next fifteen years-is jumping aboard the consumerism train and riding it for all it's worth-a reality that may provide the answer to America's economic woes. And with China's increasing urbanization and top-down governmental approach, it now faces increasing energy, environmental, and health problems-problems that the U.S. can help solve. Through timely interviews, personal stories, and a historical perspective, China-born Wang takes us into the world of the Chinese entrepreneurial middle class to show how a growing global mindset and the realization of unity in diversity may ultimately provide the way to creating a saner, safer world for all.
  • Deconstructs the myths about China as a superpower and global manufacturing power
  • Takes us into the world of the driven middle class and shows how the not-so-private sector operates
  • Provides a historical perspective on China and examines the possibility of democracy in China's future
  • Shows how a mindset that embraces the idea of unity in diversity could help solve China and America's growing energy, health, and environmental problems
Through this eye-opening book, Wang widens our understanding of China today and shows how this new class of upwardly mobile young people, who have modern ambitions and a growing global consciousness, are beginning to drive China toward a new and different future.

To gain a clear view of the impact of this new middle class, Wang provides us with interviews of executives of foreign-owned firms, connected Communist party members, rural migrants who are seeing their dreams of a better life come to fruition, and young entrepreneurs who are becoming increasingly westernized, consuming as fast as the money pours in. She also provides us with a careful analysis of the social and political forces at work in society, as she takes us on a journey to many places in China that reflect her own life-changing experiences.

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Editorial Reviews

Review

“The Chinese Dream offers a fascinating look at one of the most dynamic forces shaping our world...." -- The Economist

"In a mere two decades China has developed the world's largest middle class. Helen Wang tells that story - and her own - in this wonderfully informative and readable book." --Joseph Nye, Distinguished Service Professor, Harvard University, the author of The Future of Power.

"Helen Wang's book represents a powerful contribution to a timely debate about China's role in the world and how changes wrought by her rising middle class will affect us all."
- Lord Wei of Shoreditch, member of House of Lords, United Kingdom


“The growth of China’s middle class rivals the growth of China’s overall economy as a phenomenon with huge implications for the entire world. Whether China will become a more liberal and democratic society, … whether it will develop a spiritual power to match its material influence — these and other questions are Helen Wang’s topic in this fascinating book. It rings true to what I have seen in China and suggests new possibilities.”
--James Fallows, National Correspondent of The Atlantic, the author of Postcards from Tomorrow Square: Reports from China.

“… the most insightful voice that accurately captures the China of today – its promise and peril – … have a sense of the country’s past, but an equally vibrant vision for its future.“ -- Asia Times Online

“Helen Wang’s conversations, her reflections and stories, bring to life the hopes and concerns of China’s emerging middle class. An unusual book, very readable and full of insight.” --John Quelch, Professor at Harvard Business School and former Dean of London Business School

“Helen Wang takes us through the world of China’s middle class with riveting personal stories, and shows us how this important demographic will alter the global economy in the years ahead. A must-read for businesses that want to tap into this enormous market.” --Shaun Rein, Founder and Managing Director of China Market Research Group (CMR)

“The Chinese Dream tells one of the most important stories of our time – the rise of the world’s largest middle class. Helen Wang enlightens us with the possibility of ‘unity in diversity’. A comprehensive, and yet easy to read book about modern China.” --Ken Wilcox, Chief Executive Officer, Silicon Valley Bank

“With a fresh look at the development of the new China, Helen Wang offers an engaging, respectfully researched perspective on the world as one entity as she uncovers the importance of communication, cooperation, and collaboration in her eloquent book, The Chinese Dream. A captivating read!” -- Cynthia Brian, New York Times bestselling author, TV/Radio personality/ Founder, Be the Star You Are!®

“The Chinese Dream describes countless possibilities for shared growth, on both national and international levels. For those looking to gain a deeper understanding of modern Chinese society, and those looking to prepare for a new age of globalized collaboration, Helen Wang’s The Chinese Dream is an exciting and timely resource.” -- China Law Blog

“The Chinese Dream… is the best description in layman's terms of the wildly divergent cultures that must set aside mistrust and misunderstanding in the new one-world global economy.” -- The Internet Review of Books

“The Chinese Dream is enlightening for anyone interested not only in the economic importance of the Chinese middle class today, but also of this group’s cultural and political implications for the China of tomorrow.” -- Jing Daily

"Helen Wang's book shows that prosperity and sustainability can go hand in hand. But only if we redefine prosperity for the enormous emerging middle class. Catalyzing this type of sustainable consumerism is what JUCCCE does every day."
- Peggy Liu, Chairperson of JUCCCE, Time Magazine Hero of the Environment


From the Author

I believe that the world's stability and prosperity will depend on how well China and the West understand each other, trust each other, and learn from each other.

Product Details

  • Paperback: 262 pages
  • Publisher: CreateSpace Independent Publishing Platform; 2nd edition (November 10, 2010)
  • Language: English
  • ISBN-10: 1452898049
  • ISBN-13: 978-1452898049
  • Product Dimensions: 6 x 9 x 0.7 inches
  • Shipping Weight: 13.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.8 out of 5 stars  See all reviews (12 customer reviews)
  • Amazon Best Sellers Rank: #112,789 in Books (See Top 100 in Books)

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Customer Reviews

4.8 out of 5 stars
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Most Helpful Customer Reviews
6 of 6 people found the following review helpful
5.0 out of 5 stars Critical Insights into China's Middle Class December 17, 2010
Format:Paperback|Amazon Verified Purchase
This book manages to blend several themes, most obviously the rise of China's middle class and how this creates economic opportunities for business, and may also present further ways of stabilizing world politics. Wang does a very good job illustrating how important China's middle class will be for China's own internal politics, and its pursuit of increasingly open forms of governance. But beyond these themes, you also finish the book with an appreciation of the author's journey, and what her own story has to say about the aspirations of China's middle class, coupled to what her story and experience in America should remind us about our own culture. It is impossible to finish this book and not be reminded of what America needs to get back, namely a vision and passion for our future, versus a fear of having to protect what we already have.
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5 of 5 people found the following review helpful
5.0 out of 5 stars An insightful book for a variety of readers March 13, 2011
Format:Paperback
This book is much more than the business-focus that I expected. The variety of topics, the facts and figures, the bits of history, the interviews and the autobiographical stories worked so well together and made for a very comprehensive and well-rounded book. It brought back many memories of my travels to China a few years ago, and will be of interest to anyone interested in China as well as business people. Very thought provoking and insightful. Two thumbs up!
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4 of 4 people found the following review helpful
5.0 out of 5 stars This is an amazing book! December 9, 2010
Format:Paperback
The Chinese Dream combines careful analysis of sociopolitical forces with fascinating stories of individuals who embody a middle class that is already 300 million strong and will reach 800 million by 2025. Wang, who spent early adulthood in China, spoke to over a hundred people: home-grown entrepreneurs and executives for foreign-owned firms; connected Communist party members and peasants who lifted themselves up from rural poverty; an Internet mogul who beat eBay and Yahoo, a gay footwear company manager, a former Tienanmen Square demonstrator, and many more. They share their struggles, hopes and dreams set against a background of ancient traditions and modern ambitions.

Wang also explores the impact of the middle class on Chinese society. Mostly university educated and increasingly aware of the outside world, they're spurring a nascent green business movement and a growing interest of religions of all kinds. Whether or not the expansion of the middle class will lead to greater democracy is a question Wang explores with great sensitivity and nuance.
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Most Recent Customer Reviews
5.0 out of 5 stars Thought-provoking and Practical
Helen Wang has written an extremely interesting book. What I liked most was her east-west perspective. Read more
Published 11 months ago by Rosemary
5.0 out of 5 stars Insightful Read, Very Real
Because this book was written by a native Chinese who immigrated to America for better opportunities, we have a very unbiased perspective on the effects of globalization, with... Read more
Published on April 10, 2011 by anson
4.0 out of 5 stars Tydings of Joy?
Does Helen Wang's book brings us tidings of great joy this Christmas ?
Helen Wang left her native China 20 years ago to study in America and become an American citizen . Read more
Published on December 26, 2010 by Robert P. Mcinerney
4.0 out of 5 stars Interesting and insightful
China is not an interesting place to understand, but understanding it is becoming vital. I appreciated the anecdotes, examples and interviews, and the way they were arranged to... Read more
Published on December 10, 2010 by Davis Fields
5.0 out of 5 stars Dispelling the myths and misconceptions of the nebulous Chinese middle...
This book can not come in any better time than now, when the different approaches of America and China over North Korean are at the verge of creating massive popular hostility. Read more
Published on November 28, 2010 by Portia
5.0 out of 5 stars I don't write book reviews.
I don't write book reviews. From a practical perspective, I know too many people who've written books lately. Read more
Published on November 23, 2010 by Ray Kwong
5.0 out of 5 stars A Very Interesting Book
The Chinese Dream offers a fascinating look at the huge and growing Chinese middle class and the impact it is having, and will continue to have, on the United States and the world. Read more
Published on November 18, 2010 by Lily
5.0 out of 5 stars Excellent, Enlightening, Easy to Read
This excellent book is both enlightening and easy to read. It covers a lot of ground, including business, culture, economics, the environment, and politics, including the prospects... Read more
Published on November 17, 2010 by SteveC
5.0 out of 5 stars Great book!
Having been in the States for over 4 years, I know how hard it is to try to explain China-related issues to the American audience as they've already held some deeply rooted... Read more
Published on November 17, 2010 by Siva Ho
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