Instead of a stable series of policies producing steady growth, China's financial sector has boomed and gone bust with regularity in each decade. The latest decade is little different. Chinese banks have become objects of political struggle while they totter under balance sheets bloated by the excessive state-directed lending and bond issuance of 2009. Looking forward, the government's response to the global financial crisis has created a banking system the stability of which can be maintained only behind the walls of a non-convertible currency, a myriad of off-balance sheet arrangements with non-public state entities and the strong support of its best borrowers--the politically potent National Champions--who are the greatest beneficiaries of the financial status quo.China's financial system is not a model for the west and, indeed, is not a sustainable arrangement for China itself as it seeks increasingly to assert its influence internationally. This is not a story of impending collapse, but of frustrated reforms that suggests that any full opening and meaningful reform of the financial sector is not, indeed cannot be, on the government's agenda anytime soon.

    Since it is the prime raw material for constructing China's national identity, historical memory is the key to unlocking the inner mystery of the Chinese. From this vantage point, Wang tracks the CCP's use of history education to glorify the party, reestablish its legitimacy, consolidate national identity, and justify one-party rule in the post-Tiananmen and post-Cold War era. The institutionalization of this manipulated historical consciousness now directs political discourse and foreign policy, and Wang demonstrates its important role in China's rise.

    J. M. Blaut persuasively argues that this doctrine is not grounded in the facts of history and geography, but in the ideology of colonialism. Blaut traces the colonizer's model of the world from its 16th-century origins to its present form in theories of economic development, modernization, and new world order.

    The books tell the story of the dazzling Norman kingdom of Sicily founded in the 11th century by an enterprising band of adventurers from Normandy under Robert Guiscard. The state they founded was outstanding in medieval civilization.

    In The New Great Game, Lutz Kleveman gives us a fearless, insightful, and exacting portrait of a new battleground in the violent politics and passion of oil: Central Asia, known as the “black hole of the earth” for much of the last century. The Caspian Sea contains the world’s largest amount of untapped oil and gas resources. It is estimated that there might be as much as 100 billion barrels of crude oil in the former Soviet republics of Kazakhstan and Azerbaijan alone.Using the concept of the “Great Game” that Rudyard Kipling immortalized in his novel Kim, Kleveman argues that now a New Great Game rages in the region, a modern variant of the nineteenth-century clash of imperial ambitions of Great Britain and Tsarist Russia. Only this time the stakes are raised. Desperate to wean itself from dependence on the powerful OPEC cartel, the United States is now pitted in this struggle against Russia, China, and Iran, all competing for dominance of the Caspian region, its resources and pipeline routes.Complicating the playing field are transnational energy corporations with their own agendas and the brash new, Wild West–style entrepreneurs who have taken control after the collapse of the Soviet Union. Traveling thousands of miles, from the Caucasus peaks across the central Asian plains down to the Afghan Hindu Kush, Kleveman met with the principal Great Game actors between Kabul and Moscow: oil barons, generals, diplomats, and warlords.Based on extensive research and travel in the Caucasus, the Caspian, and Central Asia, The New Great Game is a gripping narrative and a savvy and incisive analysis of the power struggle for the world’s remaining energy resources.

    With his inimitable ability to translate complex foreign policy and economic issues, Friedman explains how the flattening of the world happened at the dawn of the 21st century; what it means to countries, companies, communities and individuals; and how governments and societies can, and must, adapt.

    But the story of his rise to greatness is as complex as it is compelling. In this superb biography, the highly regarded Oxford University historian Richard Carwardine examines Lincoln both in his dramatic political journey and in his nation-shaping White House years. Through his groundbreaking research, Carwardine probes the sources of Lincoln’s moral and political philosophy. We see how, while pursuing office, Lincoln drew strength from public opinion and the machinery of his party. We see him, as a wartime president, recognizing the limits as well as the possibilities of power, and the necessity of looking for support beyond his own administration. We see how he turned to the churches, to their humanitarian agencies, and to the volunteer Union Army for allies in his struggle to end slavery.In illuminating the political talents that went hand in hand with large and serious moral purpose, Carwardine gives us a fresh, important portrait of the incomparable Abraham Lincoln.

    and It Does That By Looking At Personalities As Diverse As Helen Hunt Jackson To Aimee Semple McPherson, Huntington The Finan- Cier To Hatfield The Rainmaker.

    Yet, in the Sino-Dutch War--Europe's first war with China--the Dutch met their match in a colorful Chinese warlord named Koxinga. Part samurai, part pirate, he led his generals to victory over the Dutch and captured one of their largest and richest colonies--Taiwan. How did he do it? Examining the strengths and weaknesses of European and Chinese military techniques during the period, Lost Colony provides a balanced new perspective on long-held assumptions about Western power, Chinese might, and the nature of war.It has traditionally been asserted that Europeans of the era possessed more advanced science, technology, and political structures than their Eastern counterparts, but historians have recently contested this view, arguing that many parts of Asia developed on pace with Europe until 1800. While Lost Colony shows that the Dutch did indeed possess a technological edge thanks to the Renaissance fort and the broadside sailing ship, that edge was neutralized by the formidable Chinese military leadership. Thanks to a rich heritage of ancient war wisdom, Koxinga and his generals outfoxed the Dutch at every turn.Exploring a period when the military balance between Europe and China was closer than at any other point in modern history, Lost Colony reassesses an important chapter in world history and offers valuable and surprising lessons for contemporary times.-- "Library Journal"

    Then a new movement-mystical, materialistic, and virulently anti-Christian-began to spread among them like wildfire. The foreigners laughed at the peasants' martial-arts routines and nicknamed them "the Boxers"-never imagining that the group, with the backing of China's empress dowager, would soon terrorize the world...This acclaimed account of the Boxer Rebellion, by an Oxford-trained historian, is an important new addition to every shelf of high-quality, highly accessible history.

    It is the story of Premier Zhao Ziyang, the man who brought liberal change to that nation and who, at the height of the Tiananmen Square protests in 1989, tried to stop the massacre and was dethroned for his efforts.When China's army moved in, killing hundreds of students and other demonstrators, Zhao was placed under house arrest at his home on a quiet alley in Beijing. China's most promising change agent had been disgraced, along with the policies he stood for. The premier spent the last sixteen years of his life, up until his death in 2005, in seclusion. An occasional detail about his life would slip out: reports of a golf excursion, a photo of his aging visage, a leaked letter to China's leaders. But China scholars often lamented that Zhao never had his final say.As it turns out, Zhao did produce a memoir in complete secrecy. He methodically recorded his thoughts and recollections on what had happened behind the scenes during many of modern China's most critical moments. The tapes he produced were smuggled out of the country and form the basis for Prisoner of the State. In this audio journal, Zhao provides intimate details about the Tiananmen crackdown; he describes the ploys and double crosses China's top leaders use to gain advantage over one another; and he talks of the necessity for China to adopt democracy in order to achieve long-term stability.The China that Zhao portrays is not some long-lost dynasty. It is today's China, where the nation's leaders accept economic freedom but continue to resist political change.If Zhao had survived -- that is, if the hard-line hadn't prevailed during Tiananmen -- he might have been able to steer China's political system toward more openness and tolerance.Zhao's call to begin lifting the Party's control over China's life -- to let a little freedom into the public square -- is remarkable coming from a man who had once dominated that square. Although Zhao now speaks from the grave in this moving and riveting memoir, his voice has the moral power to make China sit up and listen.

    One of the greatest tragedies of the twentieth century, the famine is poorly understood, and in China is still euphemistically referred to as "the three years of natural disaster."As a journalist with privileged access to official and unofficial sources, Yang Jisheng spent twenty years piecing together the events that led to mass nationwide starvation, including the death of his own father. Finding no natural causes, Yang attributes responsibility for the deaths to China's totalitarian system and the refusal of officials at every level to value human life over ideology and self-interest.

    Yet now, Ferguson shows how the Rest have downloaded the killer apps the West once monopolized, while the West has literally lost faith in itself. Chronicling the rise and fall of empires alongside clashes (and fusions) of civilizations, Civilization: The West and the Rest recasts world history with force and wit. Boldly argued and teeming with memorable characters, this is Ferguson at his very best.

    In fact, they were so fantastic that the author felt obliged to discover all he could about the man who had written them: and what he reveals here is the story of one of the most outrageous forgers, confidence tricksters and eccentrics of the century.

    Although MITI was not the only important agent affecting the economy, nor was the state as a whole always predominant, I do not want to be overly modest about the importance of this subject. The particular speed, form, and consequences of Japanese economic growth are not intelligible without reference to the contributions of MITI. Collaboration between the state and big business has long been acknowledged as the defining characteristic of the Japanese economic system, but for too long the state's role in this collaboration has been either condemned as overweening or dismissed as merely supportive, without anyone's ever analyzing the matter.The history of MITI is central to the economic and political history of modern Japan. Equally important, however, the methods and achievements of the Japanese economic bureaucracy are central to the continuing debate between advocates of the communist-type command economies and advocates of the Western-type mixed market economies. The fully bureaucratized command economies misallocate resources and stifle initiative; in order to function at all, they must lock up their populations behind iron curtains or other more or less impermeable barriers. The mixed market economies struggle to find ways to intrude politically determined priorities into their market systems without catching a bad case of the "English disease" or being frustrated by the American-type legal sprawl. The Japanese, of course, do not have all the answers. But given the fact that virtually all solutions to any of the critical problems of the late twentieth century—energy supply, environmental protection, technological innovation, and so forth—involve an expansion of official bureaucracy, the particular Japanese priorities and procedures are instructive. At the very least they should forewarn a foreign observer that the Japanese achievements were not won without a price being paid.