Vampire State: The Rise and Fall of the Chinese Economy [Hardcover]

This is a timely and important read... Through several deeply reported chapters, he outlines how Beijing wields its influence on business: from regulatory coercion and boardroom intimidation, through even to the mysterious disappearance of entrepreneurs.  Financial Times, Best New Books on EconomicsThis is the terrifying story of Chinas vampire economy.State capitalism. Socialism with Chinese characteristics. A socialist market economy. There have been numerous descriptions of the Chinese economy. However, none seems to capture the predatory, at times surreal, nature of the economy of the worlds most populous nation  nor the often bruising and mind-bending experience of doing business with the Middle Kingdom.Rules and agreements mean little. Markets are distorted, statistics fabricated, foreign industrial secrets and technology systematically stolen. Companies and entrepreneurs, at home and abroad, are bullied  often with the collusion of the victims themselves. The Party is in every boardroom and lab, with businesses thriving or dying at its will.All this is part of realising President Xi Jinpings ambition of China becoming the worlds pre-eminent economic, technological and military power.One of the Financial Times' Best New Books on Economics in 2024In this book, Ian Williams tells the terrifying story of Chinas vampire economy and the single-minded and ruthless policy of the Party to bend economics and business to its own will. All this is part of realising President Xi Jinpings ambition of China becoming the worlds pre-eminent economic, technological and military power. This is a timely and important read... Through several deeply reported chapters, he outlines how Beijing wields its influence on business: from regulatory coercion and boardroom intimidation, through even to the mysterious disappearance of entrepreneurs. In this hard-hitting expos?, Ian Williams demonstrates how the Chinese Communist Partys obsession with exercising uncontested powerls+