The Next Factory of the World

The Next Factory of the World
Author :
Publisher : Harvard Business Press
Total Pages : 233
Release :
ISBN-10 : 9781633692824
ISBN-13 : 1633692825
Rating : 4/5 (825 Downloads)

Book Synopsis The Next Factory of the World by : Irene Yuan Sun

Download or read book The Next Factory of the World written by Irene Yuan Sun and published by Harvard Business Press. This book was released on 2017-10-17 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Best Business Book of 2017 -- The Financial Times China is now the biggest foreign player in Africa. It's Africa's largest trade partner, the largest infrastructure financier, and the fastest-growing source of foreign direct investment. Chinese entrepreneurs are flooding into the continent, investing in long-term assets such as factories and heavy equipment. Considering Africa's difficult history of colonialism, one might suspect that China's activity there is another instance of a foreign power exploiting resources. But as author Irene Yuan Sun vividly shows in this remarkable book, it is really a story about resilient Chinese entrepreneurs building in Africa what they so recently learned to build in China--a global manufacturing powerhouse. The fact that China sees Africa not for its poverty but for its potential wealth is a striking departure from the attitude of the West, particularly that of the United States. Despite fifty years of Western aid programs, Africa still has more people living in extreme poverty than any other region in the world. Those who are serious about raising living standards across the continent know that another strategy is needed. Chinese investment gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation. With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the nineteenth century, Japan in the early twentieth, and the Asian Tigers in the late twentieth. Many may consider this an old-fashioned way to develop, but as Sun argues, it's the only one that's proven to raise living standards across entire societies in a lasting way. And with every new Chinese factory boss setting up machinery and hiring African workers--and managers--that possibility becomes more real for Africa. With fascinating and moving human stories along with incisive business and economic analysis, The Next Factory of the World will make you rethink both China's role in the world and Africa's future in the globalized economy.


The Next Factory of the World Related Books

The Next Factory of the World
Language: en
Pages: 0
Authors: Irene Yuan Sun
Categories: BUSINESS & ECONOMICS
Type: BOOK - Published: 2017 - Publisher:

GET EBOOK

Introduction: From the current factory of the world to the next factory of the world -- Part 1. Realities: A human chain reaction -- The life, death, and rebirt
The Next Factory of the World
Language: en
Pages: 233
Authors: Irene Yuan Sun
Categories: Business & Economics
Type: BOOK - Published: 2017-10-17 - Publisher: Harvard Business Press

GET EBOOK

A Best Business Book of 2017 -- The Financial Times China is now the biggest foreign player in Africa. It's Africa's largest trade partner, the largest infrastr
China, Inc
Language: en
Pages: 364
Authors: Ted C. Fishman
Categories: Business & Economics
Type: BOOK - Published: 2005 - Publisher: Simon and Schuster

GET EBOOK

What will happen when China can make nearly everything the U.S. and Europe can make--at one-third the cost? Fishman delves into dangerous question that not ever
The China Factory
Language: en
Pages: 166
Authors: Mary Costello
Categories: Fiction
Type: BOOK - Published: 2015-05-21 - Publisher: Canongate Books

GET EBOOK

An elderly schoolteacher recalls the single act of youthful passion that changed her life forever. A young gardener has an unsettling encounter with a suburban
Made in China
Language: en
Pages: 157
Authors: Anna Qu
Categories: Biography & Autobiography
Type: BOOK - Published: 2021-08-03 - Publisher: Catapult

GET EBOOK

A young girl forced to work in a Queens sweatshop calls child services on her mother in this powerful debut memoir about labor and self-worth that traces a Chin