As the CEO of Goldman Sachs from 1999-2006 and then as the Treasury Secretary of the United States from 2006-2009 Hank Paulson has sat across the bargaining table from countless Chinese politicians as both a banker and a statesman. Since leaving Washington, the former Treasury Secretary has worked on bridging the gap between East and West through The Paulson Institute, which he describes not as a think tank but as a "think and do" tank.
Hank Paulson, the former US 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 U.S. 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 his memoir, On The Brink
"Engaging, well-written narrative."
—Wall Street Journal, on Paulson's ON THE BRINK
"Delivers a highly personal, you-are-there feeling for how top players in government and finance staved off a disaster."
—BusinessWeek, on Paulson's ON THE BRINK
"Henry Paulson was for better or worse the leader throughout the crisis. Throughout the book Paulson truly shines."
—Daily Markets, on Paulson's ON THE BRINK