Book Launch by Cary Krosinsky, Lecturer, Yale College and the Yale School of Management

NEW HAVEN, Conn., March 30, 2020 /PRNewswire/ -- "Trusted relationships placed front and center for the future of economies and the betterment of global society" is one of the themes of a new book that details how if we don't come together to solve larger societal challenges on the environment and on inequality, we will continue to struggle.

To be launched on May 18, 2020, "Modern China: Financial Cooperation for Solving Sustainability Challenges" builds the case for applying Guanxi on a global basis, building trusted partnerships which can then work together on new ideas and solution categories and then share in the benefits both financially and to each of our societies.

The author outlines in the book how the West can invest alongside China to dramatically improve renewable energy and other lower carbon solutions across the developing world. The West can also invest in China to help with its transition, which it should, as it has outsourced its pollution, in effect, to China and other parts of Asia. The West needs to help enable solutions to problems caused by its consumption.

The author makes the case that China has actually been at the forefront of several things that might surprise some people. This includes not only becoming a leader over the past few years issuing green bonds but also creating financial incentives for banks to become increasingly incentivized to focus on green finance, and to issue more green financial instruments, as well as creating and leading a global network of central banks to accelerate action among much else that includes innovation on energy storage and electric transportation.

But China continues to face many issues. Can the Chinese government deliver a transformed China, fixing problems such as climate, pollution, inequality and food/water security?  If it does that, it can thrive for its people and help Asia more generally, so this is also China's greatest opportunity.

"Modern China: Financial Cooperation for Solving Sustainability Challenges" by Cary Krosinsky will be available via Amazon.com at: https://www.amazon.com/Modern-China-Cooperation-Sustainability-Challenges/dp/3030392031/ref=mp_s_a_1_7?dchild=1&qid=1585588825&refinements=p_27%3ACary+Krosinsky&s=books&sr=1-7

SOURCE Cary Krosinsky