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TWO FORTUNE 500 CEOs AGREED TO CO-AUTHOR THIS BOOK.
Both withdrew after board discussions.
Dozens of executives contributed anonymously, fearing retaliation.
This book reveals what they cannot say publicly.
China's economic model is not about competition. It's about destroying American industrial capacity and the US-led global order.
America is losing a war it barely knows it's fighting.
At the heart of China's strategy is the 90% Model: build capacity to meet 90% of global demand, sell at below marginal cost with 20% deliberately depreciated currency, flood markets with subsidized exports. Destroy competitors.
Ten American industries destroyed, including: Furniture. Textiles. Basic chemicals. Pharmaceutical ingredients. Solar panels.
The next ten targeted include: New materials. Bio-pharma. Artificial intelligence. Aerospace. High-tech ships.
China can shut down your industry at will. Within weeks.
The assault is deliberate. But it's not too late. This book shows the path to fight back and win.
Ram Charan
Ram Charan is the coauthor of bestsellers Execution and Confronting Reality and the author of What the CEO Wants You to Know and 10 other books. A noted expert on business strategy, he has coached some of the world's most successful CEOs and helped companies like GE, Bank of America, Verizon, KLM, and Thomson shape and implement their strategic direction.
More by Ram Charan
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