An exposé on how the rise of China will affect the American way of lifeThe End of Cheap China is a fun, riveting, must-read book not only for people doing business in China but for anyone interested in understanding the forces that are changing the world.Many Americans know China for manufacturing cheap products, thanks largely to the country's vast supply of low-cost workers. But China is changing, and the glut of cheap labor that has made everyday low prices possible is drying up as Chinese seek not to make iPhones, but to buy them. Shaun Rein, Founder of the China Market Research Group, puts China's continuing transformation from producer to large-scale consumer - a process that is farther along than most economists think - under the microscope, examining eight megatrends that are catalyzing change in China and posing threats to Americans' consumption-driven way of life. Rein takes an engaging and informative approach to examining the extraordinary changes taking place across all levels of Chinese society, talking to everyone from Chinese billionaires and senior government officials to poor migrant workers and even prostitutes and drawing on personal stories and experiences from living in China since the 1990s as well as hard economic data. Each chapter focuses on a different aspect of China's transformation, from fast-improving Chinese companies to confident, optimistic Chinese women to the role of China's government, and at the end breaks down key lessons for readers to take away. The End of Cheap China shows: <ul>
<li>How rising labor and real estate costs are forcing manufacturers of cheap Chinese products to close, relocate, or move up the value stream</li>
<li>How a restructuring economy moving away from exports to domestic consumption, and rising incomes will create opportunities for foreign brands to sell products in China rather than just producing there</li>
<li>How Chinese consumption will build pressure on the global commodities markets, causing inflation and friction with other nations</li>
<li>How China's economic transformation spells the end of cheap consumption for Americans</li>
</ul>
 China's days as a low cost production center are numbered. The End of Cheap China exposes the end of America's consumerist way of life and gives clear advice on how companies can succeed in the new world order.

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

Business & Money

Rein, Shaun

International

wiley

China's changing course, and sustainable success requires a shift in strategy The End of Copycat China helps business executives and investors understand how China's economy is shifting from one based on heavy investment to one on services and consumption by providing insight that help shape effective strategy. Drawing from over 50,000 interviews with entrepreneurs, venture capitalists, private equity investors, private Chinese companies, and multinationals, this book describes how Chinese firms are increasingly focused on innovation rather than copying what worked in America and how consumers are evolving with their hopes, dreams and aspirations. China's growth model of the last three decades is becoming increasingly ineffective, as relying on heavy investment and exports is becoming less and less feasible. Fifty percent of China's growth in 2013 stemmed from consumption, the government is establishing a Free Trade zone in Shanghai and ending the dominance of state-owned enterprises. This book provides a roadmap for companies and investors looking to navigate these changes and capture emerging trends, with deep insight and practical guidance on what innovation looks like in the new China. <ul>
<li>Survey the development of innovation taking place in China's economy, from an insider's perspective</li> <li>Consider the changes that must take place to shore up the broken growth model</li> <li>Examine the consumer trends emerging in the midst of rapid market evolution</li> <li>Understand how China's rise will impact its neighbors like Japan, Vietnam, Indonesia, and Cambodia</li> </ul>
China's dramatic shift toward consumption presents a tremendous opportunity for foreign business, but traditional tactics are outdated at best, financially fatal at worst, as local competitors focus on innovation and move up the value chain and as consumers look for new brands and categories to spend money on. New strategies are needed to keep pace with the changing regulatory and consumer environments, and "business as usual" won't get very far. The End of Copycat China is the business guide to this emerging market, with expert guidance from the inside.

The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia

Economics

“REIN MASTERFULLY CAPTURES WHERE [CONSUMERS] HAVE BEEN AND WHERE THEY DREAM OF GOING.” ―FORTUNE PRAISE FOR THE END OF CHEAP CHINA “Brilliantly written.” ―Financial Times “Rein combines elegant writing and methodical research. Years of working in China have given him access to important players. Incisive interviews with billionaires, business executives, government officials, and migrant workers guide the pulse of the narrative . . . essential reading.” ―USA Today “Engaging. Full of vivid anecdotes from Chinese billionaires to senior party officials and even prostitutes. For any foreigners thinking about doing business in the Middle Kingdom, The End of Cheap China is a good place to start.” ―Reuters “Must-read.” ―Consulting Magazine “A lively read.” ―Straits Times “An inside look.” ―Industry Week “Compelling, engaging, informative.” ―The Cayman Islands Journal “Lively, well-written book.” ―South China Morning Post “Engaging, highly readable style with real-life examples from vast catalog of China research. For good measure, Rein wedded into China’s elite, marrying the granddaughter of 1980s Politburo chairman Marshal Ye Jianying” ―Asia Times

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

The Split: Finding the Opportunities in China's Economy in the New World Order

John Murray Business

The China Speakers Bureau represents over 300 China experts. Seventeen of the most prominent have contributed essays for this book, writing about how they have seen China change during the years they have been working there. These authors represent a wide variety of backgrounds, nationalities, industries, and experience. Tom Doctoroff, CEO of J. Walter Thompson for Greater China, is the leading authority on marketing in China. His successful book Billions: Selling to the New Chinese Consumer has found its way onto the shelves of nearly every business in China. Doctoroff understands China's emerging consumer middle class as well as the marketing scene in China. Zhang Lijia is a writer, journalist, social commentator and prolific speaker. As a UK-educated Chinese woman, she knows how to bridge differences between cultures better than those who have remained on one side of the East-West divide. She is now an international journalist and author of "Socialism is Great!", a memoir of her experience during the Cultural Revolution. Kaiser Kuo is an observer of the Chinese Internet scene, a cultural commentator, and a well-known rock musician. Kuo is an independent thinker whose musical projects and writings on Chinese society are rarely in line with popular trends. His experiences in the Chinese rock scene reflect the difficulties that something as mainstream in the West as rock music can encounter when finding a market in China. Shaun Rein is a leading opinion leader on Chinese consumer market research. He is the founder and managing director of the China Market Research Group. Having spent over a decade in Asia, Rein has assisted hundreds of Fortune 500 Companies, SMEs, private equity firms and hedge funds to determine how best to take advantage of the growing opportunities in China.

A Changing China

Doctoroff, Tom

Trombly, Maria

Lijia, Zhang

Kuo, Kaiser

Carmosky, Jane

Schaub, Mark

Korolov, Maria

Van der Steenhoven, Ari

BookSurge Publishing

With Chinese-led initiatives such as One Belt One Road (OBOR) and the Asian Infrastructure Investment Bank (AIIB) combined with uncertainty due to US shifts in policy and apparent commitments over the past decade, the stakes are high for companies looking to profit from the world’s newest superpower. Post-financial crisis, China has emerged as the largest, or second largest, trading partner for most countries. It has become the second largest market for Fortune 500 companies such as Starbucks, Apple, and Nike and continually drives growth for Hollywood and commodity products. Yet the profits come at a price for countries and companies alike: adhere to the political goals of Beijing or face severe economic punishment and/or outright banishment. Using primary research from interviews with hundreds of business executives and government officials, The War for China's Wallet discusses how to profit from not only China's outbound economic plans but also China’s shifting consumer base that is growing increasingly nationalistic. The countries and companies that get it right – and get it right fast- will win the war for China’s wallet, and those who do not will lose out on the world's current largest growth engine.

The War for China’s Wallet: Profiting from the New World Order

Walter de Gruyter

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