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

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

  • Downloads:2589
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2021-09-20 06:51:11
  • Update Date:2025-09-07
  • Status:finish
  • Author:Desmond Shum
  • ISBN:1398509906
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

In the headline-making and bestselling tradition of Bill Browder’s Red Notice comes a riveting memoir from a man who rose within the ranks of China’s ultra-rich only to see his business partner-wife mysteriously disappeared。

After the Communist Revolution, Desmond Shum’s grandfather, a lawyer, had one chance to leave China, and instead chose to stay。 The government shut down his law firm and seized his house。 Officials marked his family as belonging to a 'black category' that included former landlords and rich peasants, meaning the Shums would be stigmatised and impoverished。 As Desmond was growing up, he vowed his life would be different。

Through hard work and sheer tenacity Shum went to college in America and returned to China to make his name in business。 There, he met his future wife, the highly intelligent and equally ambitious Whitney Duan。 Whitney and Desmond formed an effective team and, powered by a set of relationships they formed with top members of the Red Aristocracy, vaulted into China’s billionaire class。 Soon they were developing the massive air cargo facility at Beijing International Airport, and they followed that by developing one of Beijing’s premier hotels。 They were dazzlingly successful, travelling in private jets, funding multi-million-dollar buildings and endowments, and purchasing expensive homes, vehicles and artwork。

But in 2017, their fates diverged irrevocably when Desmond, while residing overseas with his son, learned that his now ex-wife Whitney had been disappeared - consigned to some unknown fate - along with three co-workers。

In Red Roulette Desmond Shum pulls back the curtain on China’s ruling elite and tells the story of a remarkable woman who rose to prominence in a strongly patriarchal society。 Written from a desire to reveal the real truth of what is happening inside China’s wealth-making machine, this eye-opening tale features a memorable cast of real-life characters。
 

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Reviews

Lulu Opio

Insightful and Facinating。

jennet wheatstonelllsl

The Confessions of Wanda von

Jason

Shocking revelations about the inner workings of the highest level of China’s political and business elite。 An extremely rare insider view。

Percy Yue

The boldest book I read so far that clearly explains the evilness operation of the CCP and how the so-called red aristocracy who benefit themselves at the expense of the Chinese people。 As long as it continues its rule, China and Chinese would continue to suffer。 It makes me feel more certain that Hong Kong should separate itself from Mainland China once the CCP starts to collapse!

Zed

I give a five because I appreciate the blunt storytelling of the author。 There is no glamour or sensationalizing in his voice, yet the matter-of-fact recount of both enormous successes and falls from heaven of any character mentioned painted a chillingly true picture of China's bizzare condition。 Coming from a culture with much historic and geographic ties to China, this book resonates strongly with some of the doubts I have been having about this nation, as well as greatly clarify many of the l I give a five because I appreciate the blunt storytelling of the author。 There is no glamour or sensationalizing in his voice, yet the matter-of-fact recount of both enormous successes and falls from heaven of any character mentioned painted a chillingly true picture of China's bizzare condition。 Coming from a culture with much historic and geographic ties to China, this book resonates strongly with some of the doubts I have been having about this nation, as well as greatly clarify many of the links I could not have realized before。 Furthermore, this is a particularly valuable account because it is so timely。 The events are still vivid and Xi's personality cult is still progressing。 Truly something that merits reading as soon as it was released。 。。。more

Matthew Chong

A reveting read , how china aristocracy intertwine with politics 。

Paul Shi

Fascinating read

Robert D

A very compelling and frightening story about life in Communist China。 I can not decide how surprised I am at the story told。 Under Xi Jinping apparently many if not all of the “liberal ideas” that could have and should been released are now closed。 I can not understand how the CCP will be able to control the millions of people for the long term without a complete rebellion, but that was how it was born and perhaps how it will die。 Good luck Chinese people!

Žiga

An interesting account delivered in a style that would have benefited from not being published。

Wouter Nauta

Fascinating memoir。

Alex

pretty accurate tbh

Sanford Chee

The Economist reviewhttps://www。economist。com/china/2021/。。。 The Economist reviewhttps://www。economist。com/china/2021/。。。 。。。more

Hilary (Melted Books)

Red Roulette is a rags-to-riches autobiography of entrepreneur and real estate developer Desmond Shum。 Born in Shanghai in 1968 and raised in Hong Kong, Shum describes how his humble upbringing - which came from the fact that his grandfather was marked as a member of the low-ranking “black category” in post-Communist Revolution China - galvanized his entrepreneurial spirit。 Red Roulette is a tell-all book that traces the steps of Shum’s journey, including his business dealings, his eventual part Red Roulette is a rags-to-riches autobiography of entrepreneur and real estate developer Desmond Shum。 Born in Shanghai in 1968 and raised in Hong Kong, Shum describes how his humble upbringing - which came from the fact that his grandfather was marked as a member of the low-ranking “black category” in post-Communist Revolution China - galvanized his entrepreneurial spirit。 Red Roulette is a tell-all book that traces the steps of Shum’s journey, including his business dealings, his eventual partnering (both in business and marriage) with fellow ambitious entrepreneur Whitney Duan, and the inside happenings of China’s political environment that made Shum’s fortune possible。 。Review: Red Roulette is full of twists and turns。 With a steady pace and writing that flows easily, this is a quick read。 In particular, the descriptions of wealth and spending are, I think, especially interesting purely for their opulent spectacle。 I will say that I had trouble becoming fully emotionally invested in this book once the chapters shifted from Shum’s childhood to his adult business ventures。 I felt like I got to know Shum on a very personal level in the early chapters, but not so much in the later ones when the focus was more on business dealings。 However, I still say to pick this book up if you’re interested in an in-depth perspective on the intersection between Chinese politics and business, because this book definitely delivers on that!。Thank you to Scribner for sending me a copy of Red Roulette in exchange for an honest review! 。。。more

David V。

Received as an ARC from the publisher。 Started 7-9-21。 Finished 7-12-21。 The subtitle of this book makes it sound so scholarly and boring----it is anything but!!!! It reads like a fiction novel but unfortunately it is all so true。 Mr。 Shum and his first wife, with all good intentions, attempt to develop financial careers in China where they were born, and to help the country become more adept at encouraging other countries and companies to form businesses there。 After years of success but the fa Received as an ARC from the publisher。 Started 7-9-21。 Finished 7-12-21。 The subtitle of this book makes it sound so scholarly and boring----it is anything but!!!! It reads like a fiction novel but unfortunately it is all so true。 Mr。 Shum and his first wife, with all good intentions, attempt to develop financial careers in China where they were born, and to help the country become more adept at encouraging other countries and companies to form businesses there。 After years of success but the failure of their marriage, the Chinese government returned to its previous hard-nosed approach to criticism and to outsiders' influence, ending with the couples' loss of their businesses, the disappearance of the former wife, and the husband leaving China for good。 I found myself reading faster as I got toward the end; not what I expected from a book with this title。 Should be required reading for all those studying international business and/or politics。 。。。more

Allison

3。5/5