Red-Handed: How American Elites Get Rich Helping China Win Free Audiobook Download by Peter Schweizer

This is a highlight from page 22, "Red-Handed: How American Elites Get Rich Helping China Win" by Peter Schweizer.

In the book, author Peter Schweizer explores how American elites have prospered from what he calls "globalization 2.0." A key principle of globalization 2.0 is that it allows some Americans to sell their ideas, expertise and products to a huge new customer base in China. In turn, these Chinese companies pay American elites for this advice and then use that knowledge to out-compete U.S. businesses on the global market.

Red-Handed: How American Elites Get Rich Helping China Win is an audio book that targets the practices of high-level Chinese leaders. This book was first published on November 27, 2012 by Peter Schweizer who has been focused on exposing how some of the wealthiest and most influential Americans do business with Communist China.

As of October 2017, the audiobook version was downloaded over 116,000 times. This caused controversy and a media fire storm despite poor reviews.

"In Red-Handed, Peter Schweizer exposes the hidden ways that America's elite are getting rich by impoverishing the country. The book is based on years of painstaking investigative reporting and a groundbreaking study by Washington's Georgetown University. Americans are being fleeced from many corners and every level of society."

For a long time, the US was able to use its competitiveness to do business in China and dominate global markets. Despite China's trade surplus with the US, American companies were still competitive in some industries and this gave an advantage to the United States when it came to economic relations. Today, however, China has managed to take over global markets and America is now lagging behind financially. This book aims to help readers understand how China has managed to eclipse America economically and what they can do about it