The Fragile Dragon: Trade, Trump, and China's Vulnerabilities

The Fragile Dragon offers a unique exploration of China's rapid transformation and its evolving commercial relationship with the West.Drawing on the author's experience as president of the American Chamber of Commerce under Presidents Obama, Trump, and Biden, the book examines key business and political developments from both Western and Chinese perspectives.The narrative intertwines the story of his family -- including an opium addict, an American codebreaker, and a Chinese revolutionary -- with broader geopolitical themes. As an American businessman of Chinese ancestry, the author had firsthand access to leaders on both sides and provides insightful analysis on why tensions between the US and China have escalated, threatening global commerce and stability.Finally, the author offers guidance on how business people can think about China, and what it takes to succeed, whether it's navigating the narrow corridor between what China wants and what the US will allow, partnering with rather than competing against local players, or structuring businesses to minimize risk if a catastrophic event takes place, as appears more and more likely.