16 of 16 people found the following review helpful
Verified Purchase(What's this?)
This review is from: In the Jaws of the Dragon: America's Fate in the Coming Era of Chinese Dominance (Paperback)
I think anyone concerned about the global balance of power and America's economy should read this fascinating, beautifully written, impeccably researched book. It clears up myths about global trade and makes it quite clear that unless an American government wises up, our economic power will continue to diminish, with grim consequences for prosperity at home. Just one example: you hear all the time that America doesn't build cars that the Japanese want and that's one reason our car industry has suffered a collapse. Nonsense. The Japanese have strict import controls and only allow 5% of the cars in their country to be foreign-made--which means European cars are in effect boycotted as well. I've never hward anyone argue that the Europeans don't make good cars.
I wish everyone in the White House and Congress would read this book and think through our trade policy--because it puts us at a great disadvantage on the world stage.