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Wednesday 27th July

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China's Publishing Export Deficit

Posted at 8:38AM Monday 30 Apr 2012

China may be a superpower that enjoys a large trade surplus with many Western countries, but its book industry faces a huge deficit.

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A black-swan event that would change publishing
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Five black swans that could disrupt publishing as much as the Kindle's debut in 2007 or the demise of Borders in 2011

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The truth is, and I heard this more than once, "literature is a record of the middle classes for the middle classes."

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It's a lie that makes its proponents millions, if not billions, in revenue

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