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2012/01/09

Ann Lee: A World Without China

-Where would we get our cheap Walmart stuff?
Americans, in fact, are the biggest beneficiaries of Chinese labor and consumerism. American corporations have enjoyed record profits since the financial crisis of 2008 because they discovered that China was where they could not only keep ...
Ann Lee: A World Without China
By Ann Lee


What the U.S. Can Learn from China: An Open-Minded Guide to Treating Our Greatest Competitor as Our Greatest Teacher


While America is still reeling from the 2008 financial crisis, a high unemployment rate, and a surge in government debt, China’s economy is the second largest in the world, and many predict it will surpass the United States’ by 2020. President Obama called China’s rise “a Sputnik moment”—will America seize this moment or continue to treat China as its scapegoat?



About the Author

Ann Lee is a professor of finance and economics at New York University and a senior fellow with the public policy think tank Demos. Fluent in Mandarin and Cantonese, she was a visiting graduate economics professor at Peking University in 2008. She has also been an investment banker at Bankers Trust and Alex. Brown & Sons and a partner at two multibillion-dollar hedge fund firms. Her work has appeared in publications such as the Financial Times, the Wall Street Journal, Newsweek, Forbes, and Businessweek, and she regularly guests on CNBC, Fox Business, Bloomberg, CNN, NPR, and many other television and radio stations.
Foreword Author Ian Bremmer is a political scientist specializing in US foreign policy, states in transition, and global political risk. He is the president and founder of Eurasia Group, a leading global political risk research and consulting firm.


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