This book focuses on the systematic change in the global economy accompanying the rise of China. Once China has the same huge and advanced economy as the U.S., the global economy's current one-center system will have a chance to change: China will represent an alternative center. If it can satisfy essential criteria for the global economy such as a stable foreign exchange system, healthy international trade environment and strong support for economic development etc., China will be able to offer a viable alternative. In this constellation the two centers of the global economy and financial system, the U.S. and China, would ideally cooperate, and the global economy could benefit from having two economic and financial centers.

This book focuses on the systematic change in the global economy accompanying the rise of China. Once China has the same huge and advanced economy as the U.S., the global economy's current one-center system will have a chance to change: China will represent an alternative center. If it can satisfy essential criteria for the global economy such as a stable foreign exchange system, healthy international trade environment and strong support for economic development etc., China will be able to offer a viable alternative. In this constellation the two centers of the global economy and financial system, the U.S. and China, would ideally cooperate, and the global economy could benefit from having two economic and financial centers.

China's trade surplus is an essential question, but there are many popular misconceptions about it, a fact that prompted the creation of this book, On China's Trade Surplus. It will help readers to understand the manner in which China's foreign trade and China's role in global trade have developed, and to how to benefit from trade with China. In this book, many hot topics are analyzed, such as: What promotes China's trade surplus? Why doesn't it have a trade deficit? What are the relations between trade frictions and China's trade surplus, and how can trade frictions be reduced? What is the deeper meaning of the U.S. trade deficit with China?

Poetry. Asian Studies. Translated from the Chinese by Jonathan Chaves. Yuan Hung-tao (1568-1610) was the greatest poet of Ming dynasty China. His poetry and essays brilliantly exhibit an originality and vitality that were lacking in the writing of his contemporaries. The writings of Yuan and his two brothers reveal these men to have been individualists who made outstanding contributions to the growth and development of poetry, presenting a penetrating picture of Ming society. "With this volume, Chaves makes an outstanding contribution to the books that present classical Chinese poetry in both accurate and enjoyable English translation"--Choice. Jonathan Chaves is a professor of Chinese at George Washington University and the translator of several volumes of poetry, including Heaven My Blanket, Earth My Pillow.