Book 8: Dealing with China: An Insider Unmasks the New Economic Superpower

Picked on 4/15/15

Hardcover: $21.56, eBook: $12.99

By Henry M. Paulson

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Why Mark Picked the Book (source: Mark's Facebook Page)

This book is about Paulson's experience working with Chinese leaders over two decades as US Secretary of the Treasury and as head of Goldman Sachs.

Over the last 35 years, China has experienced one of the greatest economic and social transformations in human history. Hundreds of millions of people have moved out of poverty. By many measures, China has done more to lift people out of poverty than the whole rest of the world combined.

I've been personally interested as a student of Chinese culture, history and language. I'm looking forward to reading Paulson's perspective on what China's rise means for the world.

DEALING WITH CHINA takes the reader behind closed doors to witness the creation and evolution and future of China's state-controlled capitalism.

Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Paulson had a pivotal role in opening up China to private enterprise. Then, as Treasury secretary, he created the Strategic Economic Dialogue with what is now the world's second-largest economy. He negotiated with China on needed economic reforms, while safeguarding the teetering U.S. financial system. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades. 

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