The modern-day Chinese and US economies have been locked in an uncomfortable embrace since the late 1970s. Although the relationship was built on a set of mutual benefits, in recent years it has taken on the trappings of an unstable co-dependence. This insightful book lays bare the pitfalls of the current China-US economic relationship, highlighting disputes over trade policies and intellectual property rights, sharp contrasts in leadership styles, the role of the internet and the political economy of social stability. Roach describes a way out of the escalating tensions of co-dependence and insists that the Next China offers much for the Next America - and vice versa.