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The China Price: The True Cost of Chinese Competitive Advantage | 
 enlarge | Author: Alexandra Harney
Publisher: Penguin Press HC, The
Category: Book
List Price: $25.95
Buy New: $9.75
You Save: $16.20 (62%)
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Avg. Customer Rating:  10 reviews
Sales Rank: 32087
Media: Hardcover
Number Of Items: 1
Pages: 352
Shipping Weight (lbs): 1.2
Dimensions (in): 9.1 x 6 x 1.3
ISBN: 1594201579
Dewey Decimal Number: 337.51
EAN: 9781594201578
ASIN: 1594201579
Publication Date: March 27, 2008
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Product Description
A landmark eyewitness expos of how China's factory economy competes for Western business by selling out its workers, its environment, and its future
In The China Price, acclaimed Financial Times correspondent Alex Harney uncovers the truth about how China is able to offer such amazingly low prices to the rest of the world. What she has discovered is a brutal, Hobbesian world in which intense pricing pressure from Western companies combines with ubiquitous corruption and a lack of transparency to exact an unseen and unconscionable toll in human misery and environmental damage.
In a way, Harney shows, what goes on in China is inevitable. In a country with almost no transparency, where graft is institutionalized and workers have little recourse to the rule of law, incentives to lie about business practices vastly outweigh incentives to tell the truth. Harney reveals that despite a decade of monitoring factories, outsiders all too often have no idea of the conditions under which goods from China are made. She exposes the widespread practice of using a dummy or model factory as a company's false window out to the world, concealing a vast number of illegal factories operating completely off the books. Some Western companies are better than others about sniffing out such deception, but too many are perfectly happy to embrace plausible deniability as long as the prices remain so low. And in the gold-rush atmosphere that's infected the country, in which everyone is clamoring to get rich at once and corruption is rampant, it's almost impossible for the Chinese government's own underfunded regulatory mechanisms to do much good at all.
But perhaps the most important revelation in The China Price is how fast change is coming, one way or another. A generation of Chinese flocked from the rural interior of the country to its coastline, where its factory work largely is, in the largest mass migration in human history. But that migration has slowed dramatically, in no small part because of widespread disenchantment with the way of life the factories offer. As pollution in China's industrial cities worsens and their infrastructure buckles, and grassroots activism for more legal recourse grows, pressures are mounting on the system that will not dissipate without profound change. Managing the violence of that change is the greatest challenge China faces in the near future, and managing its impact on the world economy is the challenge that faces us all.
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| Customer Reviews: Read 5 more reviews...
 More on The China Price August 29, 2008
If you're interested in reading more recent reviews and commentary about The China Price, please see my blog at http://thechinaprice.blogspot.com and the book's website at http://thechinaprice.org. There are links on those sites to purchase the book through Amazon.com as well.
 The true cost of cheap merchandise August 25, 2008
This book gives an in-depth look at the human cost of cheap merchandise from China, both to Americans and to the Chineese workers that make them.
The China price and the Walmart price August 15, 2008
2 out of 2 found this review helpful
Discussions of free trade sing its virtues, while the reality is something different: the unequal terms of that trade, especially vis a vis China and the United States, where two sets of rules are at work. One result is the 'China price' and the growing imbalance in trade relationships. The larger picture shows the other side to globalizaton: the exploitation of cheap labor, disregard of environmental law, and the generally totalitarian nature of this mutant form of capitalism. This book usefully presents the information absent from most public media discussions of the issues of free trade and is an eye-opener. However, the portrait given is of an unstable situation that can't last forever, whatever new mutation lies down the road. Residents of the United States have been caught up in an ambiguous contradiction, the destruction of domestic industry, and the addictive temptations of Walmartization. As the wheel turns from this unstable new development in global capitalism to the next combination, some awareness of the disinformation created by 'economics' discussions in the United States is needed to correct the long-term destructive character of this confused, yet to some very profitable, constellation of capitalist trickeries.
Excellent Book On The Factory Of the World August 11, 2008
1 out of 1 found this review helpful
The China Price does a really good job explaining what goes on in China's factories and, in particular, the whole system that has been built up in China for avoiding monitoring by Westerners. Ms. Harney's thesis is that in many cases, Western companies producing goods in China know the prices they are paying make fair employment and decent environmental standards impossible. I recommend the book to anyone interested in how China has managed to achieve the China price and what the societal and environmental costs of that price has been. I also recommend it to anyone thinking of doing any manufacturing in China, be it on your own or through outsourcing. This book will teach you what really goes on in China manufacturing.
Should be read May 8, 2008
1 out of 2 found this review helpful
I just finished reading the book here in Hong Kong (of course, it's not available on the mainland.) An aspect of the reporting I really admired was the author's obvious efforts at objectivity and even handedness. I've lived in China off and on for nearly 7 years, and can say without any doubt that many or even most Chinese people are really very nice, with compassion and human feelings. On the issue of corruption, yes it's rampant in China and extends into every activity. But, the Chinese are doing pretty much what any of us would do in similar circumstances, at least I think so. It's easy for us to condemn China sometimes, but on the other hand we didn't have to exist in this reality, and it's almost impossible to place ourselves in their shoes. My biggest gripe against China--the biggest threat it represents to the world and to its own people, and something I don't feel was discussed adequately in the book, is that the government of China has created a truly FASCIST STATE, and their efforts at reinforcment are getting stronger and more desperate. The wonderful, deep Confucian influences manifested through Chinese civilization were leveraged and transformed by Mao and his successors into a twisted form of Orwellian mind control. In China today, people are free to hold any opinion they choose as long as it's the opinion they are told to have. Promotion of nationalistic fervor in China through the education system and media equals or maybe even exceeds previous efforts of Nazi Germany, Imperial Japan or Peronist Argentina. It's a scary place.
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