It is very tempting to proclaim "On China" as the most important new nonfiction book of 2011. But that it may well be.

Several reasons compel this judgment.

The first is that this extraordinarily clear-headed analytical study has just one central focus: China. It does not wander all over the lot and try to incorporate some tiny study of Montenegro: For China is the home for close to one out of very four citizens of this planet and, of course, China is no longer asleep.