The End of Cheap China: Economic and Cultural Trends That Will Disrupt the World

The End of Cheap China Economic and Cultural Trends That Will Disrupt the World As China evolves so does the global marketplace all the way down to the consumer The End of Cheap China is a detailed look at the rise of China and how it will affect the global marketplace A thorou

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  • Title: The End of Cheap China: Economic and Cultural Trends That Will Disrupt the World
  • Author: Shaun Rein
  • ISBN: 9781118172063
  • Page: 244
  • Format: Hardcover
  • As China evolves, so does the global marketplace all the way down to the consumer The End of Cheap China is a detailed look at the rise of China, and how it will affect the global marketplace A thorough exploration of the changes taking place in the Chinese economy, the book explains how much of the Western consumerist culture is built on the back of cheap Chinese factorAs China evolves, so does the global marketplace all the way down to the consumer The End of Cheap China is a detailed look at the rise of China, and how it will affect the global marketplace A thorough exploration of the changes taking place in the Chinese economy, the book explains how much of the Western consumerist culture is built on the back of cheap Chinese factory labor, and warns that the era is coming to a close Readers will learn why the cheap labor pool is beginning to dry up, what that means for the rest of the world, and how businesses will have to adapt to stay afloat This updated second edition includes new statistics, the latest news on the Chinese economy, and additional case studies that illustrate the ways in which China has developed into a brand new potential market.China s social, political, and economic evolution will affect the entire world Rising incomes are building pressure on the global commodities market, inflation is only just beginning, and consumers are experiencing sticker shock as cheap labor is becoming harder to find The End of Cheap China explains the factors driving these changes, the impact that can be expected, and the opportunities that constitute a major silver lining for businesses panicking about the coming paradigm shift Readers will Discover the eight mega trends changing China, and how far the ripples will spread Learn how rising costs in China will dramatically affect the American way of life Examine the rise of Chinese consumption, and the friction it engenders Consider the changes businesses must make to remain profitable in a changing world The global marketplace is evolving, and it s up to businesses to keep pace with the changes The End of Cheap China provides a roadmap for navigating these changes, helping businesses lead the charge toward a affluent global economy.

    One thought on “The End of Cheap China: Economic and Cultural Trends That Will Disrupt the World”

    1. It's telling that the subject of the opening sentence in all 10 chapters is "I." While Rein's tree-tops analysis of the Chinese economy and its sociopolitical underpinnings offers a number of valuable insights, the overwhelming bulk of the so-called evidence for his thesis is purely anecdotal and subjective. Nearly every quote in the book is attributed nebulously to "a senior government official," "the CFO of a powerful multinational corporation" or a random expat with only a first name. Conscio [...]

    2. By Wei GuFor multinationals, “The End of Cheap China” is a mixed blessing. Shaun Rein, an American marketing consultant based in Shanghai, has written an interesting book with that title. The good news is that customers can afford to pay more. The bad news is that they’re increasingly reluctant to spend their higher incomes on anything multinationals have to offer.Rein, who has advised Apple and restaurant operator Yum on their China strategies, has some useful advice. To start, China shou [...]

    3. Shaun Rein, gives the reader a balanced, critical, balance in-depth picture of China that is alas voiced in North America. The usual narrative of China, gives most people in the West the wrong impression that, Chinese society is a completely monolithic society ruled by an omnipresent oppressive government.Like most things in life, the reality is quite different than that. The author takes us on a great journey to understand the complexity of today's realities in China. The good, the shocking, an [...]

    4. There is a lot of puffery in this book - is that really a word - the author really could have said what he wanted to say in a long New Yorker style essay. He does, however, provide the point of view of ordinary people, sales clerks and the like, which is a very interesting counterpoint to that of academic China experts.

    5. Một cuốn sách đáng đọc đối với bất kì ai có ý định tìm hiểu về Trung Quốc, mặc dù vẫn có những chủ quan nhất định có tác giả, nhưng vẫn không làm thay đổi được những giá trị cuốn sách mang lại cho chúng ta về sự trỗi dậy của Trung Quốc đối với Phương Tây ra sao.Và quan trọng hơn, Việt Nam sẽ ứng phó với sự trỗi dậy của một siêu cường trong tương lai như thế nào, hợp tác [...]

    6. I learned a lot about how China has changed and continues to change. Namely in the aspirations and disposable income of Chinese people. Also some good insights into the lives of Chinese people from all across the social spectrum.

    7. Trong này có 1 phần về phụ nữ Trung Quốc ngày nay. So sánh phần này với những gì được viết trong Hảo nữ Trung Hoa của Hân Nhiên mới thấy sự thay đổi thật kinh khủng.

    8. Very interesting account of how China will no longer be the world's sweatshop but instead an interesting but misunderstood superpower.

    9. Despite what the title "The End of Cheap China" suggests, for the most part, this book doesn't concern the rather clear fact that China will not remain a low cost producing country for much longer. Labor costs are rising dramatically, partly due to inflation, and partly due to labor shortages. Nobody wants to work in factories anymore. These labor shortages have resulted in a rather remarkable phenomenon of factory workers making similar wages to white collar workers. Another factor driving up c [...]

    10. When Fareed Zakaria (in his book The Post American World) says that we are moving towards a multi-polar world wherein America will have to factor in the position of countries like China and India, then it must mean something. There are hundreds of authoritative commentators out there writing about the rise of China. Unfortunately, most of them are based out of China. So what we generally get to read is a ‘view from the top’. From that perspective, Shaun Rein’s The End of Cheap China: Econo [...]

    11. There’s been plenty of heavy literature written on China becoming the next big superpower, but it’s hard to find something up-to-date that’s informative without reading like a textbook.Fortunately, Shaun Rein’s ‘The End of Cheap China’ is a refreshing read with some very personal accounts about the author’s life in China over the past ten years, meaning that people outside of the business and research demographic will also find something in it for them. Rein (founder of the China M [...]

    12. This is a non fiction book about the way China is changing from being a push over country that the Western countries like USA, UK think they can just walk over them, to a super power country which may soon be able to walk all over the USA and UK.The book is written like a story and Shaun Rein gives us his life experience of living in China. In each chapter he focuses on one area of change and explains the behaviour of the factories, how they trade with the West and the Chinese people as consumer [...]

    13. This is not the kind of book I'd usually pick up to read. However it came highly recommended, and as I love so many things Chinese, such as the martial arts, the food, the TCM approach to medicine, I thought, Yeah, I should read this. And I was blown away by the many changes occurring in China, as well as how those changes are being distorted or ignored here on the North American side of the world. We all know about China's one child rule, and how that skewed births towards male children. Well, [...]

    14. Finished this a while back but was so peeved that I didn't review it. Some catchy bits (the prostitute anecdote) but at times draws on now-questionable examples (such as milk) to make a point; as with many commentaries on present day China, aspects of this one has quickly become dated. The main thing about this book that was good was that it irritated me so much that it definitely prompted active reading. Another reviewer refers to the author's "puffery". It is unfortunate that a better editor w [...]

    15. This was a very interesting read. Instead of focusing of Chinese factories and the human slave labor to maintain its economy, the author writes a general view of the country. There is no longer cheap labor in China, but through it's growth, many of their citizens are becoming the new Chinese by rapid change in its policy. China might not be the next super power as we known today, like the United States, but the country might be the world bank by bailing on other countries that are financially ba [...]

    16. A current and engaging primer on the economic policies and cultural trends of China. Shaun Rein writes a thoughtful and insightful book that should be at the top of the list for anyone interested in China. Writing in a journalistic style using personal anecdotes, 'End of Cheap China' was an informative and easily comprehensible read for us readers with no background in economics and politics. I definitely enjoyed it more than 'Getting Rich First: Life in a Changing China' by Duncan Hewitt, a den [...]

    17. Lots of great insights on current trends in China, and what they mean for companies as well as other countries, with plenty of personal anecdotes to humanize these issues

    18. VERY interesting book about China becoming an economic super power. The author seems to be one of the most knowledgeable people in the world about this, since his company, China Market Research Group, researches and advises international companies on how to do well in China.It is written for both the layman and professional. I didn't have any trouble understanding what he was saying, yet the professional also could get valuable information from it.

    19. I loved this book. I especially love the way Shaun takes real life experiences to illustrate the end of cheap China. His first chapter opens with the example of prostitutes. It's brilliant - a must read for those interested in the economics of China. I would also suggest listening to this audio podcast by Asian Threads on RTHK Radio 3: podcast.rthk/podcast/item_e

    20. An insightful analysis talking about all the hot topics in China, food pollution, education, Africa economics, imbalance gender population and housing bubbles. Some shows deeper thinking. But the book poses too many questions and didn't relate too much how the end of cheap China will disrupt the world.

    21. After reading this book I came away with a working knowledge of the chinese economy as it sits today. I can now see some of the blatant lies that I have been fed by the media. That said a lot of this book is rationalization, so I took some of it with a grain of salt. But even with all that I feel like I learned a lot and I don't know what else I can ask for in this day and age.

    22. Not a bad read, but given my work involves China not really a lot in there that I wasn't familiar with. Probably interesting for someone who wants to better understand structural trends as well as aspects of Chinese culture who does not have much background on the country. Written in an easy, conversational style.

    23. I found this book truly fascinating and insightful. My previous view of China was very much rooted in what I now know are outdated ideas, one example being poorly paid workers making goods for Western companies at low cost.I very much enjoyed the educational journey about China which this book took me through.

    24. A good and detail description of how china is evolving. The stuff that author talks about breaks down some sugar-coated and false propaganda in media and helps make better screening of news about China. Overall a good read for the recent times.

    25. The is a great read and gives a look into the new China trends. The shift from producing to consuming. The rise of the Chinese middle class.

    26. a really good account on the recent changes from someone who knows the country from the inside. required reading :)

    27. Just started this fascinating read. Here's a tidbit: Foxconn has more employees than the entire country of Iceland!

    28. I am disappointed with the fact that the author keeps on praising the existing Chinese government. If he were a Chinese, I doubt he would give such a positive comment on the CCP.

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