China’s 90% Model: China Has America by the Throat: Here’s How to Fight Back and Win by Ram Charan [Paperback]

This book argues that the rise of China as a global economic power is not simply the result of free-market competition, but of a long-term, state-directed industrial strategy designed to dominate key global industries and weaken competitors—particularly the United States.

According to the book, China allegedly uses a strategy the author calls the "90% Model," which involves:

• Building enough manufacturing capacity to supply most of the world's demand.
• Supporting industries through government subsidies and other state policies.
• Selling products at extremely low prices to outcompete foreign manufacturers.
• Driving overseas competitors out of business before gaining market dominance.

The author claims this approach has already contributed to the decline of several American manufacturing sectors (such as furniture, textiles, and solar panels) and warns that advanced industries—including AI, biotechnology, aerospace, and new materials—could be next.

The book ultimately argues that the United States and its allies need to rethink industrial policy, rebuild domestic manufacturing, secure critical supply chains, and respond strategically if they want to remain economically competitive.