Times Have Changed: No More “China Produces and America Consumes”

Forbes: Helen H. Wang

When I started to write my book The Chinese Dream three years ago, people in the United States did not even believe there was a middle class in China. Today, China’s middle class is already larger than the entire population of the United States and is expected to reach 800 million in fifteen years.

If this prediction sounds too bullish, chances are it is not. In 2006, McKinsey predicted that the by 2025, the Chinese middle class would reach 612 million and China would become the third largest consumer market in the world after the U.S. and Japan.

These numbers are already outdated.  A recent Credit Suisse report predicts China’s consumer market will reach $16 trillion by 2020, overtaking the United States as the world’s largest consumer market in the world.

2020 is less than ten years from now. Whether or not China will become the world’s largest consumer economy remains to be seen. However, this much is clear: the Chinese middle class has already changed the dynamics of the world we live in. The world is no longer “China produces and the United States consumes.” U.S. exports to China are growing almost two times as fast as overall U.S. exports, supporting half a million jobs. Continue reading

Amazon Bestseller Campaign – $350+ Value Free Gifts and Italy Prize

Dear All,

I wish that 2011 fulfills many of your dreams! One of my dreams this year is to become a bestselling author, and I’d love to have your help!

I am running an Amazon Bestseller Campaign, offering over $350 value in free gifts for anyone who purchases the book on January 25.

The gifts include:

1)      Special report “Secrets of Succeeding in China.” 52 time-proven tips of doing business in China, covering product strategy, distribution, and cross-cultural communications ($199 value, yours free!)

2)       Whitepaper “Best Practices of Social Media Marketing.” Strategies that turn Facebook, Twitter, and YouTube into a revenue generating machine ($149 value, yours free!)

3)      First 10 people who order the book will also receive a free eBook of The Chinese Dream ($14.99 value, yours free!)

4)      An opportunity to win a three-day hotel stay in Rome, Italy ($1396 value, yours free!). [i]

To claim these free gifts, all you need to do is click on the link below and grab yourself a copy of The Chinese Dream ($12.21), and email the receipt from Amazon to amazon1@TheHelenWang.com.

http://www.amazon.com/gp/product/1452898049

The Chinese Dream is a great investment for anyone who wants to understand one of the most dynamic forces shaping our world today. Harvard University Distinguished Service Professor Joseph Nye, former dean of the Kennedy School and former Assistant Secretary of Defense, has recently endorsed the book:

“In a mere two decades China has developed the world’s largest middle class. Helen Wang tells that story – and her own – in this wonderfully informative and readable book.”

The Chinese Dream can also be a great gift for the Chinese New Year, birthday, graduation, etc. A portion of royalties of the book sales will be donated to Natural Resources Defense Council and Half the Sky Foundation.

This offer ends at midnight PST TONIGHT (12am Jan. 26)! So click the link below to purchase the book and email the receipt to amazon1@TheHelenWang.com to claim your free gifts before midnight.

http://www.amazon.com/gp/product/1452898049

Best regards,

Helen

P.S. Remember, to receive your $350+ in free gifts and an opportunity to go to Italy, you must email the receipt to amazon1@TheHelenWang.com by midnight PST TONIGHT (12am Jan. 26).


[i] Terms and conditions apply

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Can America and China Trust Each Other?

Chinese-American Author Reveals How China Will Change America

San Francisco, CA— The Chinese president Hu Jintao’s state visit to the U. S. is a sign of strengthening ties between the two countries.  The relationship between the U.S. and China is one of the most important relations in the 21st century and is critical for the world’s stability and prosperity.  Although there are notable differences between the two countries, the leaders of both recognize that the U.S. and China have a lot to gain by working together.  One of the concrete results of the visit is the $45 billion agreement allowing U.S. exports into China, which will create 235,000 jobs in America.

Author Helen Wang says, “In the long run, there will still be issues in currency, human rights, and intellectual property, etc., and there will be ups and downs, but I don’t think the U.S.-China relations will turn into a cold-war kind of confrontation.  It will be a work-in-progress relationship.”

Invite her to answer:

  • Is China America’s worst enemy or best friend?
  • Will China’s growing middle class be a saving grace for America’s economic woes?
  • What are the secrets for U. S. companies to succeed in China?
  • Is it a myth that China is a global manufacturing power?
  • Why should every American student start learning Chinese?

CREDENTIALS: Helen Wang is an author, business consultant, and Forbes columnist.  As an expert on Chinese culture and business, she can offer insight on commonly accepted misconceptions about China.  Her book, The Chinese Dream: The Rise of the World’s Largest Middle Class and What It Means to You, examines the rising middle class in China and how it affects America’s economy (Available on Amazon and other channels).  She has been featured by Asia Times, the nationally syndicated Michael Ray Radio Talk Show, WVTL 1570 AM in New York, KBZZ Fox News 1270 AM in Nevada, KOA 850 AM news radio in Colorado, and many others.

AVAILABILITY: San Francisco, nationwide by arrangement, and via telephone

MEDIA CONTACT: Siva Ho, (503) 560-6549; siva.ho@gmail.com;

WEB: www.TheHelenWang.com

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Think Again: America’s Best Days Are Still Ahead

Forbes: Helen H. Wang

When China’s president Hu Jintao visits the U. S. this week, he will see a nervous America that seems to have lost its confidence. I have been on many radio talk shows recently to discuss my new book The Chinese Dream, the most common question I was asked is “Is China going to take over this country as our economy collapses?”


Americans today have become scared and paranoid. Such sentiments are not helped by doomsayers who have predicted America’s decline. In a recent article in Foreign Policy, Gideon Rachman, a foreign affairs columnist for the Financial Times, tells Americans that in the fable of the boy crying wolf the boy was eventually right: “The wolf did arrive – and China is the wolf.”

Rachman cited China’s population, its economic prowess, and its holding of $2.5 trillion in foreign reserves as evidence that China will replace the U.S. as a global hegemony. He lamented “America will never again experience the global dominance … those days are over.”

I disagree with Rachman’s assessment that growing Chinese economic clout will necessarily pose a threat to America. I have written about the myths of China as a superpower and global manufacturing power here and here. Today, however, I’d like to focus on what makes America a great country to begin with. Continue reading

Watch The Chinese Dream Book Trailer

This is an updated version of the book trailer for The Chinese Dream with Professor Joseph Nye’s endorsement:

“In a mere two decades China has developed the world’s largest middle class. Helen Wang tells that story – and her own – in this wonderfully informative and readable book.”

Professor Joseph Nye is a Distinguished Service Professor, Harvard University, former Dean of the Kennedy School, former Assistant Secretary of Defense, and author of The Future of Power. I am very honored to have his endorsement.

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