False notion led to wrong impression about China
It's a book that takes on conventional thinking - if not biases - held by many Americans about China, and very simply knocks it down. And it could come at no better time since US President Donald Trump will start his first state visit to China in a few days and misperceptions about China seem to be as rife in the White House as they are in average American households.
Former World Bank China director Yukon Huang talked about his latest book, Cracking the China Conundrum: Why Conventional Economic Wisdom Is Wrong, last week to an audience at World Bank headquarters in Washington.
Huang, a senior fellow at the Carnegie Endowment for International Peace, said at a book talk on Oct 27 that Trump and his advisers had said that too much of US foreign direct investment is going to China, resulting in job losses and declining competitiveness.