CHINA ? THE BALANCE SHEET
Institute for International Economics and the Center for Strategic and International Studies, Public Affairs
New York, $25

If America?s angst about globalisation could be reduced to one word it would be ?China?. Walk around a Wal-Mart superstore and every other product is made in China. Ask why Americans are so jittery about their job security ? despite having near full employment ? and most give the same answer.