“Dealing With China” by Henry M. Paulson, Jr. – REVIEW

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(original source FT)

“This book is a must-read for anyone who deals with China and possesses an aircraft carrier or two. Former US Treasury secretary Henry (Hank) Paulson has for more than a decade enjoyed a level of meaningful access to the Chinese elite that may be unrivalled among westerners, with the single exception of Henry Kissinger. For that reason, Dealing with China is an important book. But the dealing that Paulson describes is of an order that is hardly likely to trouble mere mortals. His world is one of private jets (on one occasion escorted by F-16s on each wing), billion-dollar agreements with Chinese corporate titans and exclusive meetings with Chinese leaders as a top official in George W Bush’s White House. Thus the book’s main strength is also a shortcoming; his extraordinary experience of China yields lessons that may only be useful if you happen to govern a great power.”

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