Red Roulette
An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China
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- $13.99
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- $13.99
Publisher Description
“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).
PUBLISHERS WEEKLY
"You've heard about America's extraordinary rendition of terrorist suspects. Well, this is China's version," writes entrepreneur and philanthropist Shum in his thrilling debut. Shum's ex-wife and former business partner, Whitney Duan, "disappeared from the streets of Beijing" in 2017, and has not been seen since. Shum explores how Duan—the mastermind of "real estate projects worth billions"—went missing, by tracing the arc of both of their careers, which exploded as China's attitude toward profits shifted dramatically from the days of Chairman Mao. Born in Shanghai, Shum attended college in the U.S. and returned to China in the '90s to work in private equity, where, with Duan, he spearheaded high-profile real estate projects, including China's largest air cargo logistics facility. While the reason for Duan's abduction is unknown—though it's presumed that Communist Party operatives carried it out—Shum makes it clear that his former spouse's treatment is not an outlier in China, where powerful people like Duan, who played China's "roulette-like political environment" with "unparalleled skill," are kidnapped and held indefinitely. This well-written account is imbued with an aura of inevitable tragedy, and Shum's searing indictment of "a political system that mouthed Communist slogans while... officials gorged themselves at the trough of economic reforms" is enthralling. Those interested in Xi Jinping's China will be riveted.
Customer Reviews
An amazing look at the inside working of the Chinese Communist Party.
A well written true story of life in China during the past 20 years. Highly recommend!