Red Roulette: An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China

Author:   Desmond Shum
Publisher:   Scribner Book Company
ISBN:  

9781982156152


Pages:   320
Publication Date:   07 September 2021
Format:   Hardback
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

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Red Roulette: An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China


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"""THE BOOK CHINA DOESN'T WANT YOU TO READ."" --CNN​ SELECTED AS A BEST BOOK OF THE YEAR by THE ECONOMIST and FINANCIAL TIMES This ""powerful and disturbing"" (Bill Browder, author of Red Notice) New York Times bestseller is narrated by a man who, with his wife, Whitney Duan, rose to the top levels of power and wealth--and then fell out of favor. Whitney had been disappeared four years before, but this book led to her dramatic reemergence. As Desmond Shum was growing up impoverished in China, he vowed his life would be different. Through hard work and sheer tenacity he earned an American college degree and returned to his native country to establish himself in business. There, he met his future wife, the highly intelligent and equally ambitious Whitney Duan who was determined to make her mark within China's male-dominated society. Whitney and Desmond formed an effective team and, aided by relationships they formed with top members of China's Communist Party, the so-called red aristocracy, he vaulted into China's billionaire class. Soon they were developing the massive air cargo facility at Beijing International Airport, and they followed that feat with the creation of one of Beijing's premier hotels. They were dazzlingly successful, traveling in private jets, funding multi-million-dollar buildings and endowments, and purchasing expensive homes, vehicles, and art. But in 2017, their fates diverged irrevocably when Desmond, while residing overseas with his son, learned that his now ex-wife Whitney had vanished along with three coworkers. This vivid, explosive memoir shows ""how the Chinese government keeps business in line--and what happens when businesspeople overstep"" (The New York Times) and is a ""singular, highly readable insider account of the most secretive of global powers"" (The Spectator)."

Full Product Details

Author:   Desmond Shum
Publisher:   Scribner Book Company
Imprint:   Scribner Book Company
Dimensions:   Width: 16.10cm , Height: 2.90cm , Length: 23.40cm
Weight:   0.503kg
ISBN:  

9781982156152


ISBN 10:   1982156155
Pages:   320
Publication Date:   07 September 2021
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

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Reviews

Red Roulette is everything those who follow China have been waiting for: a deeply personal epic that reveals the idealism, ecstasy, and avarice of post-Deng Xiaoping China...There simply isn't another inside history of today's Chinese leadership like this one. If it spawns a new genre of Chinese personal histories--as I hope it will--Red Roulette will remain the classic of its category. Desmond Shum's book is riveting, moving, and dangerous. --Matt Pottinger, former U.S. Deputy National Security Advisor Desmond Shum's Red Roulette gives us a rare inside peek at the cossetted Chinese elite who parlay their connections with Politburo members into billions. This is a world of Chateau Lafite, Rolls Royces, and $100 million yachts, where friendships are strictly transactional. Although the book can be fun and gossipy, it's also poignant, and, ultimately, we come away with rich insights into the workings of the Chinese Communist Party and the billionaires it has spawned. --Barbara Demick, author of National Book Award Finalist Nothing to Envy: Ordinary Lives in North Korea and Eat the Buddha: Life and Death in a Tibetan Town, and former Beijing bureau chief for the Los Angeles Times Powerful and disturbing...The Chinese government will not be happy with this book. Desmond Shum lifts the curtain behind the supposed Chinese economic miracle, portraying government leaders driven by corruption, conflict of interest, and greed. Rarely has anyone in modern China been brave enough to violate its oppressive code of silence and give an honest firsthand account of what really goes on in the corridors of power. Shum breaks all the rules so we can see it for ourselves and it's not pretty. --Bill Browder, author of the #1 New York Times bestseller Red Notice


A deliberative, slow-building, suspenseful narrative that reveals numerous insights about the mechanics of power and greed... Observers of contemporary Chinese affairs, consistently intriguing and murky territory, will find much to interest them here. A riveting look inside 'the roulette-like political environment of the New China.' --Kirkus Reviews (starred review) Students of Chinese politics and business will appreciate Shum's personal narrative of China's turbulent economic rise; this book deserves a wide audience. --Library Journal Red Roulette is everything those who follow China have been waiting for: a deeply personal epic that reveals the idealism, ecstasy, and avarice of post-Deng Xiaoping China...There simply isn't another inside history of today's Chinese leadership like this one. If it spawns a new genre of Chinese personal histories--as I hope it will--Red Roulette will remain the classic of its category. Desmond Shum's book is riveting, moving, and dangerous. --Matt Pottinger, former U.S. Deputy National Security Advisor Desmond Shum's Red Roulette gives us a rare inside peek at the cossetted Chinese elite who parlay their connections with Politburo members into billions. This is a world of Chateau Lafite, Rolls Royces, and $100 million yachts, where friendships are strictly transactional. Although the book can be fun and gossipy, it's also poignant, and, ultimately, we come away with rich insights into the workings of the Chinese Communist Party and the billionaires it has spawned. --Barbara Demick, author of National Book Award Finalist Nothing to Envy: Ordinary Lives in North Korea and Eat the Buddha: Life and Death in a Tibetan Town, and former Beijing bureau chief for the Los Angeles Times Powerful and disturbing...The Chinese government will not be happy with this book. Desmond Shum lifts the curtain behind the supposed Chinese economic miracle, portraying government leaders driven by corruption, conflict of interest, and greed. Rarely has anyone in modern China been brave enough to violate its oppressive code of silence and give an honest firsthand account of what really goes on in the corridors of power. Shum breaks all the rules so we can see it for ourselves and it's not pretty. --Bill Browder, author of the #1 New York Times bestseller Red Notice


Author Information

Desmond Shum, who was born in Shanghai and raised in Hong Kong, developed the largest air cargo logistics facility in China, the Beijing Airport Cargo Terminal. He also led the development of the Bulgari Hotel in Beijing. In addition, starting in the early 2000s, he was an early pioneer of philanthropy in China, gifting extensively both domestically and internationally. Desmond holds a bachelor's degree in finance and accounting from the University of Wisconsin-Madison in the United States, and is a graduate of the joint-EMBA program of Northwestern University (US) and the Hong Kong University of Science and Technology.

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