This book focus on the global capitalist recession, and Chinese responses. China created a huge production networks of SMEs, and willing to compete all over the world. China replacing the G-7 in the wake of the economic crisis, through sharing their own science and technology to improve and transform in agriculture and industrial sectors,using investment in all over the world, and willing to buy the USA and the EU Government?s debt,now, emerged as a ?new business leader?. This study resulted from eight years of teaching as a professor of development economics at various universities like Northern University of Malaysia (UUM), Addis Ababa University, Gondar University and Debre Birhan University in Ethiopia as well as travel Kenya as a researcher. These experiences have helped shape and refine a book that is unique in approach, organization, and pedagogy.