China Versus the West: The Global Power Shift of the 21st Century

Contents

Foreword by Yang Yongxin

Preface

Acknowledgments

Introduction by Frank-Jürgen Richter

Part One: China as the World’s Leading Producing, Exporting, and Financial Power: To What Extent, Where, and Why?

Chapter 1: GDP: Toward the U.S.-China Duopoly

Notes

Chapter 2: Manufacturing Output: China Is Already the Number One

Note

Chapter 3: Merchandise Exports: From China’s Lead to China’s Dominance?

Chapter 4: Where China Is Leading and Where It Is Not

Group One Industries: China Is the Top Producer and the Top Exporter

Group Two Industries: China Is the Top Producer, but Not the Top Exporter

Group Three Industries: China Is Neither the Top Producer Nor a Major Exporter

Key Features of China’s Manufacturing Lead

Anatomy of China’s Merchandise Trade Surplus

Net Exporter and Net Importer Sectors

Domestic Private Companies Have Become the Major Surplus Creators

Note

Chapter 5: Chinese Domestic Manufacturers versus Western Manufacturers

The Four Segments Analytical Framework

Chinese Manufacturers’ Global Offensive: Four Stages

Western Manufacturers: A New Way of Thinking Is Required

Option One: Stay at Home and Differentiate the Product

Option Two: Move to China

Western Governments Have to Initiate an Export Counteroffensive

Chapter 6: A Big Battle for the Chinese Market

China-Bound Exports of Capital Goods: East Asia Is Leading

China-Bound Exports of Consumer Goods: Opportunities Are There, but You Have to Work Hard Not to Miss Them

China Trap

At-Home Chinese Companies Are Active ...