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 Chinas elite, marrying the granddaughter of 1980s Politburo chairman Marshal Ye JianyingAsia Times
SHAUN REIN is the founder and Managing Director of the China Market Research Group, a leading strategic market intelligence firm that advises Fortune 500 companies, private equity firms, and hedge funds about profiting in China. Millions read his weekly CNBC column on business in China. He regularly appears on Bloomberg TV, MSNBC, BBC, CNN, and NPR, and is often featured inThe Wall Street Journal, theFinancial Times, and theNew York Times.
Prologue ix
Chapter 1 Chinese Billionaires Outnumber American Ones 1
Chapter 2 Cheap Chinese Labor? Not Anymore: Chinas Workers Are Demanding Better Pay and Better ConditionsAnd They Are Earning Them 19
Chapter 3 Stability Is the Key to Happiness: How Chinas Government Thinks and Why It Acts the Way It Does 39
Chapter 4 The Modern Chinese Woman 63
Chapter 5 Why Chinese Consider Kentucky Fried Chicken Healthful: Chinas Iffy Food Supply Chain Is Putting a Premium on Safe Food 85
Chapter 6 Understanding Corruption in China: What Chinas Underground Sex Trade Shows about Its Government 103
Chapter 7 Chinas Real Estate Sector: Boom or Bust or Something Else? 125
Chapter 8 Chinese Neo-Colonialism in Africa and the End of American Hegemony? 147
Chapter 9 Chinas Educational Sector: Preventing China from Cementing Its Superpower Status 171
Chapter 10 What the End of Cheap China Means for the Rest of the World 189
Epilogue 203
Postscript 205
Acknowledgments 209
Index 211
