Day: April 13, 2015

Editors: T.S. Chan and Geng Cui Publisher: Palgrave Macmillan – 227 pages Book Review by: Sonu Chandiram In the three decades between 1982 and 2012, the average person in China increased his or her income from a measly $279 a year to $6,767 a year, a phenomenal multiple of almost 25 times. But the country’s gross domestic product per capita grew much higher in 2013: $11,868, (89th in the world) according to the International Monetary Fund. The reason? China. known as “the world’s factory,” exported hundreds of billions of dollars of products to overseas markets, particularly to North America...