Playing Our Game - Steinfeld, Edward S
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Conventional wisdom holds that China's burgeoning economic power has reduced the United States to little more than a customer of Beijing. Not so, writes Edward Steinfeld. In this fascinating book, Steinfeld asserts that China's growth actually enhances American commercial supremacy. By seeking to realize its dream of modernization by integrating itself into the Western economic order, China is playing by our rules, reinforcing the dominance of our companies and regulatory institutions. Indeed, China has in many ways handed over-outsourced-the remaking of its domestic economy and domestic…mehr

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Produktbeschreibung
Conventional wisdom holds that China's burgeoning economic power has reduced the United States to little more than a customer of Beijing. Not so, writes Edward Steinfeld. In this fascinating book, Steinfeld asserts that China's growth actually enhances American commercial supremacy. By seeking to realize its dream of modernization by integrating itself into the Western economic order, China is playing by our rules, reinforcing the dominance of our companies and regulatory institutions. Indeed, China has in many ways handed over-outsourced-the remaking of its domestic economy and domestic institutions to foreign companies and foreign rule-making authorities. And even as Chinese companies assemble products for export to the West, the most valuable components for those products come from the West. America's share of global manufacturing, by value, has actually increased since 1990. Within China, the R&D centers established by Western companies attract the country's best scientists and engineers, and harness that talent to global, rather than indigenous Chinese, innovation efforts. In short, China's economic emergence is good for America.
In this book, Edward Steinfeld offers a powerful challenge to the belief that China's rapid growth is eating away at America's geopolitical strength. Rather, China's rapid economic expansion has proceeded from the opening of its markets to the West and the adoption of Western rules and practices, and Chinese reformers and corporations will continue to rely on Western institutions for the foreseeable future. Playing Our Game is a convincing rejoinder to theChina critics who worry about the decline of American power and values.
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Autorenporträt
Edward Steinfeld is Associate Professor of Political Science at MIT, and is director of the MIT-China Program. He is the author of Forging Reform in China: The Fate of State-Owned Industry.