Description From a Western point of view, the policy of economic engagement with China has failed.
A rapid rise in living standards in China has helped legitimize and strengthen the Chinese Communist Party's power.
How did Western, market-orientated, property-owning, liberal democracies go from being in a position of complete global hegemony in the early 1990s to the current crisis of confidence and loss of moral foundation? This book tells the story of the most successful tradin.