Economy

Long before London and New York rose to international prominence, a trading route was discovered between Spanish America and China that ushered in a new era of globalization. The “Ruta de la Plata,” or “Silver Way,” catalyzed economic and cultural exchange, built the foundations for the first global currency, and led to the rise of the first “world city.” And yet, for all its importance, the Silver Way is too often neglected in conventional narratives on the birth of globalization. Gordon and Morales re-establish its fascinating role in economic and cultural history, with direct consequences for how we understand China today. —Penguin China{chop}

From the former New York Times Asia correspondent and author of China’s Second Continent, an incisive investigation of China’s ideological development as it becomes an ever more aggressive player in regional and global diplomacy.For many years after its reform and opening in 1978, China maintained an attitude of false modesty about its ambitions. That role, reports Howard French, has been set aside. China has asserted its place among the global heavyweights, revealing its plans for pan-Asian dominance by building its navy, increasing territorial claims to areas like the South China Sea, and diplomatically bullying smaller players. Underlying this attitude is a strain of thinking that casts China’s present-day actions in decidedly historical terms, as the path to restoring the dynastic glory of the past. If we understand how that historical identity relates to current actions, in ways ideological, philosophical, and even legal, we can learn to forecast just what kind of global power China stands to become–and to interact wisely with a future peer.Steeped in deeply researched history as well as on-the-ground reporting, this is French at his revelatory best. —Penguin Random House{chop}