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In The Chinese Dream, a groundbreaking book about the rising middle class in China, business consultant and China expert Helen Wang challenges us to recognize that some of our fears about China are grossly misplaced. As a result of China's new capitalist paradigm, a burgeoning middle class-calculated to reach 800 million within the next fifteen years-is jumping aboard the consumerism train and riding it for all it's worth-a reality that may provide the answer to America's economic woes. And with China's increasing urbanization and top-down governmental approach, it now faces increasing energy, environmental, and health problems-problems that the U.S. can help solve. Through timely interviews, personal stories, and a historical perspective, China-born Wang takes us into the world of the Chinese entrepreneurial middle class to show how a growing global mindset and the realization of unity in diversity may ultimately provide the way to creating a saner, safer world for all.
Through this eye-opening book, Wang widens our understanding of China today and shows how this new class of upwardly mobile young people, who have modern ambitions and a growing global consciousness, are beginning to drive China toward a new and different future.
To gain a clear view of the impact of this new middle class, Wang provides us with interviews of executives of foreign-owned firms, connected Communist party members, rural migrants who are seeing their dreams of a better life come to fruition, and young entrepreneurs who are becoming increasingly westernized, consuming as fast as the money pours in. She also provides us with a careful analysis of the social and political forces at work in society, as she takes us on a journey to many places in China that reflect her own life-changing experiences.
What Experts Say about The Chinese Dream:
“In a mere two decades China has developed the world’s largest middle class. Helen Wang tells that story – and her own – in this wonderfully informative and readable book.”
- Joseph Nye, Distinguished Service Professor, former Dean of the Kennedy School, Harvard University, and author of The Future of Power
"The growth of China's middle class rivals the growth of China's overall economy as a phenomenon with huge implications for the entire world. Whether China will become a more liberal and democratic society, whether it will retain the creative talents of people who in past generations have chosen to emigrate, whether it will develop a spiritual power to match its material influence -- these and other questions are Helen Wang's topic in this fascinating book. It rings true to what I have seen in China and suggests new possibilities."
- James Fallows, National Correspondent of The Atlantic, and author of Postcards from Tomorrow Square
"The Chinese Dream offers a fascinating look at one of the most dynamic forces shaping our world today. With an engaging personal perspective, Helen Wang makes sense of the rise of a large Chinese middle class, and of those who have profited from that rise or failed to do so. A truly valuable read for anyone who wants to do business in China."
- Gady Epstein, Beijing bureau chief, Forbes
"Helen Wang's conversations, her reflections and stories, bring to life the hopes and concerns of China's emerging middle class. An unusual book, very readable and full of insight."
- John Quelch, Professor at Harvard Business School and former Dean of London Business School
"Helen Wang takes us through the world of China's middle class with riveting personal stories, and shows us how this important demographic will alter the global economy in the years ahead. A must-read for businesses that want to tap into this enormous market."
- Shaun Rein, Founder and Managing Director of China Market Research Group (CMR)
- Sales Rank: #415690 in eBooks
- Published on: 2012-07-24
- Released on: 2012-07-24
- Format: Kindle eBook
Review
"The Chinese Dream offers a fascinating look at one of the most dynamic forces shaping our world...." -- The Economist
"In a mere two decades China has developed the world's largest middle class. Helen Wang tells that story - and her own - in this wonderfully informative and readable book." --Joseph Nye, Distinguished Service Professor, Harvard University
"Helen Wang's book represents a powerful contribution to a timely debate about China's role in the world and how changes wrought by her rising middle class will affect us all." -- Lord Wei of Shoreditch, member of House of Lords, United Kingdom
“The growth of China’s middle class rivals the growth of China’s overall economy as a phenomenon with huge implications for the entire world. Whether China will become a more liberal and democratic society, … whether it will develop a spiritual power to match its material influence — these and other questions are Helen Wang’s topic in this fascinating book. It rings true to what I have seen in China and suggests new possibilities.” --James Fallows, National Correspondent of The Atlantic, the author of Postcards from Tomorrow Square: Reports from China.
"Helen Wang's conversations, her reflections and stories, bring to life the hopes and concerns of China's emerging middle class. An unusual book, very readable and full of insight." -- John Quelch, Professor at Harvard Business School and former Dean of London Business School
“… the most insightful voice that accurately captures the China of today – its promise and peril – … have a sense of the country’s past, but an equally vibrant vision for its future.“ -- Asia Times
From the Author
I believe that the world's stability and prosperity will depend on how well China and the West understand each other, trust each other, and learn from each other.
From the Inside Flap
"With an engaging personal perspective, Helen Wang makes sense of the rise of a large Chinese middle class, and of those who have profited from that rise or failed to do so. A truly valuable read for anyone who wants to do business in China."
- Gady Epstein, Beijing bureau chief, Forbes
"The Chinese Dream tells one of the most important stories of our time - the rise of the world's largest middle class. Helen Wang enlightens us with the possibility of 'unity in diversity'. A comprehensive, and yet easy to read book about modern China."
--Ken Wilcox, Chief Executive Officer, Silicon Valley Bank
"Helen Wang's book shows that prosperity and sustainability can go hand in hand. But only if we redefine prosperity for the enormous emerging middle class. Catalyzing this type of sustainable consumerism is what JUCCCE does every day."
- Peggy Liu, Chairperson of JUCCCE, Time Magazine Hero of the Environment
"With a fresh look at the development of the new China, Helen Wang offers an engaging, respectfully researched perspective on the world as one entity as she uncovers the importance of communication, cooperation, and collaboration in her eloquent book, The Chinese Dream. A captivating read!"
-- Cynthia Brian, New York Times bestselling author, TV/Radio personality/ Founder, Be the Star You Are!®
Most helpful customer reviews
6 of 7 people found the following review helpful.
Critical Insights into China's Middle Class
By Benjamin Shobert
This book manages to blend several themes, most obviously the rise of China's middle class and how this creates economic opportunities for business, and may also present further ways of stabilizing world politics. Wang does a very good job illustrating how important China's middle class will be for China's own internal politics, and its pursuit of increasingly open forms of governance. But beyond these themes, you also finish the book with an appreciation of the author's journey, and what her own story has to say about the aspirations of China's middle class, coupled to what her story and experience in America should remind us about our own culture. It is impossible to finish this book and not be reminded of what America needs to get back, namely a vision and passion for our future, versus a fear of having to protect what we already have.
5 of 6 people found the following review helpful.
This is an amazing book!
By BAnderson
The Chinese Dream combines careful analysis of sociopolitical forces with fascinating stories of individuals who embody a middle class that is already 300 million strong and will reach 800 million by 2025. Wang, who spent early adulthood in China, spoke to over a hundred people: home-grown entrepreneurs and executives for foreign-owned firms; connected Communist party members and peasants who lifted themselves up from rural poverty; an Internet mogul who beat eBay and Yahoo, a gay footwear company manager, a former Tienanmen Square demonstrator, and many more. They share their struggles, hopes and dreams set against a background of ancient traditions and modern ambitions.
Wang also explores the impact of the middle class on Chinese society. Mostly university educated and increasingly aware of the outside world, they're spurring a nascent green business movement and a growing interest of religions of all kinds. Whether or not the expansion of the middle class will lead to greater democracy is a question Wang explores with great sensitivity and nuance.
5 of 6 people found the following review helpful.
An insightful book for a variety of readers
By Karen DeMello
This book is much more than the business-focus that I expected. The variety of topics, the facts and figures, the bits of history, the interviews and the autobiographical stories worked so well together and made for a very comprehensive and well-rounded book. It brought back many memories of my travels to China a few years ago, and will be of interest to anyone interested in China as well as business people. Very thought provoking and insightful. Two thumbs up!
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