Why am I passionate about this?
I used to be Chief Economist at the UK bank SG Warburg and then at UBS, starting out in 1987 and finally cutting the cord in 2016 as Senior Economic Advisor. I visited China twice or three times a year from about 1994 and then the pandemic intervened. After the financial crisis, I decided that China would be the world’s next big thing. So I've spent a lot of time trying to figure out what’s going on there and for the last few years, I've been an associate at the China Centre at Oxford University and SOAS in London. Red Flags was a book I simply had to write. Maybe there’ll be another. We shall see.
George's book list on on understanding modern China
Why did George love this book?
Liz Economy’s grasp of international relations is compelling and insightful as she sets out to explain how China sees itself in the world, especially in the light of the pandemic. Looking to recover its past glory and status, China under Xi Jinping has seized both on what he sees as the West’s economic and political failings, and China’s own accomplishments and size to advance new agendas. At home, a leftward lurch resembles a throwback to the Mao era. In the world, China wants to reshape global institutions to reflect better its interests and to get others, for example in The Belt and Road, to support China’s narratives.
How Xi intends to do this, whether he is likely to succeed and how the United States and the international community should respond and prepare for the challenge ahead will hold your attention to the last page.
1 author picked The World According to China as one of their favorite books, and they share why you should read it.
An economic and military superpower with 20 percent of the world's population, China has the wherewithal to transform the international system. Xi Jinping's bold calls for China to "lead in the reform of the global governance system" suggest that he has just such an ambition. But how does he plan to realize it? And what does it mean for the rest of the world?
In this compelling book, Elizabeth Economy reveals China's ambitious new strategy to reclaim the country's past glory and reshape the geostrategic landscape in dramatic new ways. Xi's vision is one of Chinese centrality on the global…