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1、BeginReadingTableofContentsPhotosNewslettersCopyrightPageInaccordancewiththeU.S.CopyrightActof1976,thescanning,uploading,andelectronicsharingofanypartofthisbookwithoutthepermissionofthepublisherconstituteunlawfulpiracyandtheftoftheauthor’sintellectualpropert
2、y.Ifyouwouldliketousematerialfromthebook(otherthanforreviewpurposes),priorwrittenpermissionmustbeobtainedbycontactingthepublisheratpermissions@hbgusa.com.Thankyouforyoursupportoftheauthor’srights.ForWilla,Cassidy,Finn,andAddieSoyouwillknowwhyBoppahasspentsom
3、uchtimeinChinaVisitingwithfuturepresidentXiJinpingatHangzhou’sfamedWestLakeStateGuestHouseonmyfirsttriptoChinaasTreasurysecretaryinSeptember2006(APPhoto/EugeneHoshiko)PrefaceChina’srisetoeconomicsuperpowersurelyranksamongthemostextraordinarystoriesinhistory.
4、Inbarelythreedecades,thisoncebackward,insularcountryhasmovedhundredsofmillionsofpeopleoutofpovertywhileturningitselfintotheworld’ssecond-biggesteconomy.Icanthinkofnocountrythathasgrownsomuchsoquickly.TheU.S.’srisetoindustrialsupremacyaftertheCivilWarcomestom
5、ind,buttheChinesemayhavealreadyoutstrippedourgreatrun,andthey’renotdoneyet.Inthenot-too-distantfuture,theyarelikelytosurpassusastheworld’sbiggesteconomy,knockingusoffaperchwe’veoccupiedfornearly150years.China’stransformationhasbeenasspectacularasithasbeenswi
6、ft.Itsspanking-newskyscrapers,high-speedraillines,andspace-ageairportsstandinsharpcontrasttoourownincreasinglycreakyinfrastructure.OnedaywereadofaChineseentrepreneur’sgrandioseplanstospend$50billiontocarveapassagethroughNicaraguatwicethesizeofthePanamaCanal;
7、thenextwelearnthataChinesedeveloperwantstobuyachunkofIceland;thenit’samanufacturerturnedbuilderwhohopestoerecttheworld’stallestbuilding,fromprefabricatedunits,insixmonths.Today’sChinaisalandofsuperlatives.Itishometotheworld’sfastestsupercomputer,thebiggestwi
8、nd-powerbase,thelongestseabridge.Itproducesandusesnearlyhalfoftheworld’scoal,cement,ironore,andsteel;itconsumes40percentofthealuminumandcopper.Byoneestimate,Chinawillsoonaccountfornearlyhalfofal