---
product_id: 14082000
title: "Dealing with China: An Insider Unmasks the New Economic Superpower Hardcover – April 14, 2015"
brand: "henry m. paulson"
price: "€ 16.46"
currency: EUR
in_stock: true
reviews_count: 9
url: https://www.desertcart.ie/products/14082000-dealing-with-china-an-insider-unmasks-the-new-economic-superpower
store_origin: IE
region: Ireland
---

# Dealing with China: An Insider Unmasks the New Economic Superpower Hardcover – April 14, 2015

**Brand:** henry m. paulson
**Price:** € 16.46
**Availability:** ✅ In Stock

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- **What is this?** Dealing with China: An Insider Unmasks the New Economic Superpower Hardcover – April 14, 2015 by henry m. paulson
- **How much does it cost?** € 16.46 with free shipping
- **Is it available?** Yes, in stock and ready to ship
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## Customer Reviews

### ⭐⭐⭐⭐⭐ 5.0 out of 5 stars







  
  
    Paulson's work shows in great detail what has been achieved by continuing American engagement ...
  

*by K***Z on Reviewed in the United States on July 22, 2015*

I would strongly suggest reading this book in tandem with Michael Pillsbury's 100 Year Marathon. Paulson's work shows in great detail what has been achieved by continuing American engagement with China. Pillsbury's contends that the economic reforms that Paulson anticipates are unrealistic and that a good deal of the economy will remain under state ownership and control. Both positions have their strengths and weaknesses.Paulson's account does demonstrate reasons to be optimistic because it contains a great many details about businessmen, state officials, and business schools trying to foster best practices. There are also those working with Paulson and his wife on environmental issues. Most importantly Paulson notes that China refused Russian pressure to sell American investments during the 2008 financial crisis in order to undermine the American economy and give Russia and China an advantage. He's also quite candid and critical about the endless subsidies to some state owned industries that continue to run up debts.I really enjoyed the details of the personnel and deals described and analyzed in this book, but I could easily imagine that other readers might find the mini resumes provided about nearly everyone in the book to be tedious. Paulson's editors should consider producing an abridged version to provide the book to a broader readership.One comes away from Paulson's book impressed by the innovative instincts that allowed Goldman Sachs to help large state owned companies raise capital through the kind of IPOs usually reserved for publicly owned private companies. Clearly such actions have helped produce the Chinese economic miracle. However if one reads Pillsbury after reading Paulson one comes away thinking that the real reformers that could liberalize the economic and political order have been out of power since the Tiananmen Square protests in 1987 He contends that the leadership depended upon both economic growth and state control to prevent future mass movements. More importantly they've chosen to misrepresent and demonize American history to fuel nationalist competition with a supposedly anti-China America. All of this does not suggest that the reforms that Paulson thinks can be realized with engagement is realistic.The reader can decide which side to believe but Paulson's book is a "must read" for anyone who wants to be part of the discussion about what to do about China's rise.

### ⭐⭐⭐⭐ 4.0 out of 5 stars







  
  
    China, the Economic Power
  

*by A***K on Reviewed in the United States on June 27, 2015*

Henry (Hank) Paulson has written another very significant and interesting book. Dealing with China:... is not nearly as exciting as On the Brink:...  which treated the financial crisis.  After all the United States economy was then in danger of entering another Great Depression.  But Paulson has too much worthwhile experience with post 1978 China to ignore.Henry Paulson is a master salesman of financial instruments.  He sold those instruments as a partner and CEO of Goldman Sachs.  China was a major focus over the years.  Paulson knows his customers, and the Chinese People definitely were not those customers.  Instead, his sessions and many trips were directed successfully at powerful members of the Chinese Communist Party.  I reluctantly awarded four rather than five stars for readability.  Keeping track can be tedious.  I spent about a month of spare time reading the Kindle version.There really are not many amusing moments to serve as respites.  One is an incident with the US Navy that threatens to interfere with critical negotiations.  The incident involves disrespecting a US aircraft carrier and DOD plans for retaliation.  A mere ordinary Treasury Secretary might have trouble dealing with that situation.There are some parts of this book that I especially noted.  Paulson almost talks the Chinese leadership into accepting the elements of financial capitalism.  But the financial crisis, with Paulson as Treasury Secretary, creates some second thoughts.  Goldman Sachs generated much of the structure for the crisis.Paulson is a conservative Republican, but he wants the Chinese to have a Government safety net as in the US.  Why?  Without the safety net, the Chinese save too much money and don't buy their  products or foreign products.  Also, unlike many of the politicians in his party, Paulson is an authentic environmentalist.  He recognizes that the fantastically rapid economic growth of China creates a real pollution hazard and demand for resources.  His own foundation now focuses on those problems.I understand that for family reasons Paulson was reluctant to write this book and probably will not write another.  But if he does, I will read it.

### ⭐⭐⭐⭐⭐ 5.0 out of 5 stars







  
  
    Refreshingly Positive Portrayal of Alarmists Favored Target
  

*by B***L on Reviewed in the United States on June 16, 2017*

Really great read and very refreshing take on China's transformation over the past 30 years. Paulson very clearly admires and respects China's leaders. With few exceptions they are portrayed as very smart human beings who care deeply about their country. In contrast to many writers, Paulson found the Chinese to be honest and forthright. It is noted that change comes slowly while consensus is built with large groups of decision makers. Frequent mention is made of the Communist Party's ongoing struggles to root out bureaucratic corruption and fradulent business practices in a country with three times the population of the United States.

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*Last updated: 2026-03-01*