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US-China trade

The World Turned Upside Down: America, China, and the Struggle for Global Leadership

When The World Turned Upside Down
'The World Turned Upside Down: America, China, and the Struggle for Global Leadership' by Clyde V. Prestowitz.

When China joined the World Trade Organization in 2001, most experts expected the WTO rules and procedures to liberalize China and make it "a responsible stakeholder in the liberal world order." But the experts made the wrong bet. China today is liberalizing neither economically nor politically but, if anything, becoming more authoritarian and mercantilist.

In this book, notably free of partisan posturing and inflammatory rhetoric, renowned globalization and Asia expert Clyde Prestowitz describes the key challenges posed by China and the strategies America and the Free World must adopt to meet them. He argues that these must be more sophisticated and more comprehensive than a narrowly targeted trade war. Rather, he urges strategies that the United States and its allies can use unilaterally without contravening international or domestic law.

'The World Turned Upside Down: America, China, and the Struggle for Global Leadership' by Clyde V. Prestowitz is available for purchase on Amazon, Book Depository, Yale University Press.

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