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An account of eighteenth-century global commerce as seen through the lives of three Scottish traders, “written with verve and filled with arresting details” (Tonio Andrade, author of The Gunpowder Age). This book delves into the lives of three Scottish private traders—George Smith of Bombay, George Smith of Canton, and George Smith of Madras—and uses them as lenses through which to explore the inner workings of Britain’s imperial expansion and global network of trade, revealing how an unstable credit system and a financial crisis ultimately led to greater British intervention in India and China. “This book is a history of British seafaring and imperialism, written largely from a micro-level perspective, placing the focus on individual traders rather than the East India Company as a whole. But it is not only an imperial history. It also unravels the interwoven financial, political and social relations between Britain, China and India in the eighteenth century . . . Hanser has consulted an impressively wide range of archival sources in different languages and located in various countries, from private letters to periodicals, and from official Chinese documents to East India Company reports. Her work contributes to our understanding of 18th-century British imperial history.” —Reviews in History
In the late eighteenth century, the political economist Adam Smith predicted an eventual equalization of power between the West and the territories it had conquered. In this magisterial new work, Giovanni Arrighi shows how China’s extraordinary rise invites us to reassess radically the conventional reading of The Wealth of Nations. He examines how recent US attempts to create the first truly global empire were conceived to counter China’s spectacular economic success Now America’s disastrous failure in Iraq has made the People’s Republic of China the true winner in the US War on Terror. China may soon become again the kind of noncapitalist market economy that Smith described, an event that will reconfigure world trade and the global balance of power.
Most global citizens are well aware of the explosive growth of the Chinese economy. Indeed, China has famously become the "workshop of the world." Yet, while China watchers have shed much light on the country's internal dynamics--China's politics, its vast social changes, and its economic development--few have focused on how this increasingly powerful nation has become more active and assertive throughout the world. In China Goes Global, eminent China scholar David Shambaugh delivers the book that many have been waiting for--a sweeping account of China's growing prominence on the international stage. Thirty years ago, China's role in global affairs beyond its immediate East Asian periphery was decidedly minor and it had little geostrategic power. Today however, China's expanding economic power has allowed it to extend its reach virtually everywhere--from mineral mines in Africa, to currency markets in the West, to oilfields in the Middle East, to agribusiness in Latin America, to the factories of East Asia. Shambaugh offers an enlightening look into the manifestations of China's global presence: its extensive commercial footprint, its growing military power, its increasing cultural influence or "soft power," its diplomatic activity, and its new prominence in global governance institutions. But Shambaugh is no alarmist. In this balanced and well-researched volume, he argues that China's global presence is more broad than deep and that China still lacks the influence befitting a major world power--what he terms a "partial power." He draws on his decades of China-watching and his deep knowledge of the subject, and exploits a wide variety of previously untapped sources, to shed valuable light on China's current and future roles in world affairs.
An Economist Best Book of 2018 New York Times Book Review Editor’s Pick “Gripping [and] splendid.… An enormous contribution to our understanding of Marshall.”—Washington Post At the end of World War II, General George Marshall took on what he thought was a final mission—this time not to win a war, but to stop one. In China, conflict between Communists and Nationalists threatened to suck in the United States and escalate into revolution. Marshall’s charge was to cross the Pacific, broker a peace, and prevent a Communist takeover, all while staving off World War III. At first, the results seemed miraculous. But as they started to come apart, Marshall was faced with a wrenching choice—one that would alter the course of the Cold War, define the US-China relationship, and spark one of the darkest-ever turns in American political life. The China Mission offers a gripping, close-up view of the central figures of the time—from Marshall, Mao, and Chiang Kai-shek to Eisenhower, Truman, and MacArthur—as they stood face-to-face and struggled to make history, with consequences and lessons that echo today.
From one of our most influential journalists, here is a timely, vital, and illuminating account of the next stage of China’s modernization—its plan to rival America as the world’s leading aerospace power and to bring itself from its low-wage past to a high-tech future. In 2011, China announced its twelfth Five-Year Plan, which included the commitment to spend a quarter of a trillion dollars to jump-start its aerospace industry. In China Airborne, James Fallows documents, for the first time, the extraordinary scale of China’s project, making clear how it stands to catalyze the nation’s hyper-growth and hyper-urbanization, revolutionizing China in ways analogous to the building of America’s transcontinental railroad in the nineteenth century. Completing this remarkable picture, Fallows chronicles life in the city of Xi’an, home to 250,000 aerospace engineers and assembly-line workers, and introduces us to some of the hucksters, visionaries, entrepreneurs, and dreamers who seek to benefit from China’s pursuit of aeronautical supremacy. He concludes by explaining what this latest demonstration of Chinese ambition means for the United States and for the rest of the world—and the right ways for us to respond.
A politician's humorous memoir of his year in federal prison, with a viable prescription for a more productive, cost-effective corrections system.
A finalist for the PEN Center USA Award for Nonfiction Welcome to Paradise, Now Go to Hell, is surfer and former war reporter Chas Smith’s wild and unflinching look at the high-stakes world of surfing on Oahu’s North Shore—a riveting, often humorous, account of beauty, greed, danger, and crime. For two months every winter, when Pacific storms make landfall, swarms of mainlanders, Brazilians, Australians, and Europeans flock to Oahu’s paradisiacal North Shore in pursuit of some of the greatest waves on earth for surfing’s Triple Crown competition. Chas Smith reveals how this influx transforms a sleepy, laid-back strip of coast into a lawless, violent, drug-addled, and adrenaline-soaked mecca. Smith captures this exciting and dangerous place where locals, outsiders, the surf industry, and criminal elements clash in a fascinating look at class, race, power, money, and crime, set within one of the most beautiful places on earth. The result is a breathtaking blend of crime and adventure that captures the allure and wickedness of this idyllic golden world.
Merchant activity across Europe, America and China during the long eighteenth century is explored in this collection of essays. Using a unique data set from accounts and correspondence, contributors are able to show the fragmented nature of merchant activity and the importance of trust-based social and cultural networks.
China's future is arguably the most consequential question in global affairs. Having enjoyed unprecedented levels of growth, China is at a critical juncture in the development of its economy, society, polity, national security, and international relations. The direction the nation takes at this turning point will determine whether it stalls or continues to develop and prosper. Will China be successful in implementing a new wave of transformational reforms that could last decades and make it the world's leading superpower? Or will its leaders shy away from the drastic changes required because the regime's power is at risk? If so, will that lead to prolonged stagnation or even regime collapse? Might China move down a more liberal or even democratic path? Or will China instead emerge as a hard, authoritarian and aggressive superstate? In this new book, David Shambaugh argues that these potential pathways are all possibilities - but they depend on key decisions yet to be made by China's leaders, different pressures from within Chinese society, as well as actions taken by other nations. Assessing these scenarios and their implications, he offers a thoughtful and clear study of China's future for all those seeking to understand the country's likely trajectory over the coming decade and beyond.