Unmade in China: The Hidden Truth about China’s Economic Miracle


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When: Jan 20 2016 - 12:30pm until Jan 20 2016 - 2:00pm
Where: 1819 L St NW, Sixth Floor Conference Room, Washington DC, 20036

Unmade in China: The Hidden Truth about China’s Economic Miracle

An Asia Pacific  Poltiical Economy Seminar featuring:

Jeremy R. Haft
CEO, SafeSource Trading

Michael Sacharski (Discussant)
Managing Director, Pacific Enterprise Capital International

Unmade in China: The Hidden Truth about China’s Economic Miracle from East-West Center on Vimeo

Michael Sacharski discusses Jeremy Haft (right)'s latest book, "Unmade in China."

To those who’ve already written off the next hundred years as the “China Century,” Unmade in China shows a view from the front lines that turns the Rising China/Declining America narrative on its head. If you look carefully at how things are actually made in China – from t-shirts to toys, baby formula to bridges – you see a reality that contradicts every widely held notion about the world's so-called economic powerhouse. Unmade in China lifts the lid on the hidden world of China's supply chain, revealing a startling picture of how China’s manufacturing and agricultural sectors are hamstrung by systemic risk – a combination of unsafe raw material inputs, weak corporate governance, un-rationalized supply chains, and ineffective government regulation. This structural risk hinders China’s ability to compete with the United States, creates danger for Americans who consume China’s products, but also presents opportunity. As China struggles to make goods safely, it must import them, thereby supporting millions of US jobs across every state and nearly every congressional district.

 For more images, please visit the album for this event on the East-West Center's Flickr page. 

Jeremy R. Haft has been starting and building companies in China for nearly two decades from light and heavy industries to agriculture. He is CEO of SafeSource Trading, an export trading firm, and Co-Founder and Chairman of Caracal Strategies, a business advisory firm. Haft is the author All the Tea in China: How to Buy, Sell, and Make Money on the Mainland (Penguin, 2007), which details best practices for importing, exporting, and doing business in China, and Unmade in China: The Hidden Truth About China’s Economic Miracle (Polity, 2015), which analyzes how systemic risk in China’s value chain poses danger and opportunity for US firms. Prior to his China experience, Haft was a founder of one of the first Internet agencies in New York City, which was ranked in the nation’s top five by Forrester Research in 1997 and acquired by a publicly traded, global marketing communications firm. An adjunct professor at Georgetown University, who lectures in both the Business and Foreign Service Schools, Haft's analysis on China trade has been featured in The Wall Street Journal, The Financial Times, NBC, CBS, ABC, CNN, CNBC, Fox, and National Public Radio, among others. Through the Council on Foreign Relations and other venues, such as Business Executives for National Security (BENS), he has provided briefings for Congressional members and staff, business leaders, and senior officers at Special Operations Command.

Michael Sacharski is an experienced China business executive whose career includes business development and company operations in manufacturing, telecommunications, high technology and investment management. An entrepreneur at heart, he started his own one-person China market entry company thirty years ago advising U.S. companies seeking to get into China. Mr. Sacharski eventually migrated to heading up the China operations of a large U.S. multinational telecommunications company before returning to his entrepreneurial roots when he founded a Beijing-based investment – management company. Mr. Sacharski has worked from the factory-floor up to the executive suite where he has witnessed first-hand, and behind the company gate, how business and manufacturing is conducted in China.

Primary Contact Info:
Name: Sarah Wang
Phone: 202-327-9755