News Stories: A Memoir

Gatekeeper Press
Free sample

The book is a memoir that chronicles my many years as a broadcast newsman from Niagara Falls to Chicago in the latter half of the twentieth century. A former Federal Judge and Governor gets out of prison,, a policeman on trial for trying to drown his son,, an alderman runs off with 100K in federal funds,, the death of President John F. Kennedy, The disappearance of Rosemary Kennedy, homecoming for Jimmy Hoffa, how Geraldo Rovera scooped me, are just some of the stories included. 
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About the author

 Peter Nolan was a television news reporter whose career in Chicago at WMAQ-TV and WBBM-TV spanned the 1960's, 70's and 80's. He won three Emmy's and several journalism awards including Chicago Magazine's best TV reporter. He also worked as a broadcast journalist in Niagara Fall, New York and Youngstown, Ohio. Writing credits: Author of the critically praised CAMPAIGN! The 1983 Election that Rocked Chicago. (Amina Press 2012), Op Ed Chicago Sun Times 12/30/06, Op Ed Sun Times 1/8/2009.

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Additional Information

Publisher
Gatekeeper Press
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Published on
Mar 23, 2018
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Pages
260
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ISBN
9781642370041
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Features
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Language
English
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Genres
History / General
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Content Protection
This content is DRM protected.
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Read Aloud
Available on Android devices
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Eligible for Family Library

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China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'.

Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy?

In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints.

By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are ‘inside them' but they are not yet ‘inside us'. China's 70-odd ‘national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question.

This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.

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