Financial Cold War

PRAISE FOR FINANCIAL COLD WAR “James Fok’s book highlights the explosive risks in the relationship between the US and China today. It also offers insights into fundamental driving forces of international frictions and is a call to take urgently necessary steps to address the sources of conflict.” —Klaus Schwab, Founder and Executive Chairman of the World Economic Forum “My only gripe about James Fok’s take on the bumpy road ahead for US-China relations is that his book doesn’t include a seatbelt. His message that things are about to get turbulent, one offered in uniquely personal terms, should be necessary reading for investors and businesspeople everywhere.” —William Pesek, award-winning Tokyo-based journalist; Forbes and Nikkei Asia columnist; author of Japanization: What the World Can Learn from Japan’s Lost Decades “Financial Cold War is a profoundly important book necessary for understanding China-US relations as well as the challenges facing the modern day global economy. James Fok has used his unique vantage point of working at the intersection of international finance and the Chinese economy to provide invaluable insights and analysis of this new geopolitical and geoeconomic frontline. It is remarkable in its breadth—tracking, from ancient days, how modern China and America have found themselves in this precarious position. Fok also offers practical steps for Chinese and US policy makers, business leaders and market participants to avoid, and de-escalate, tensions within this financial Cold War.” —James Shipton, former Chair, Australian Securities & Investments Commission; former Executive Director, Harvard Law School’s Program on International Financial Systems; former Executive Director, Securities & Futures Commission of Hong Kong “The multi-trillion-dollar…