Red Roulette: It Sucks to be a Chinese Billionaire

ChinaTalk

Red Roulette, Desmond Shum’s memoir of a fast life, deep in the bowels of Chinese politics, is the bombshell China book of 2021. It tells the story of his rise from an impoverished childhood in cultural revolution-era Shanghai and Hong Kong to his marriage to his social climbing wife with ties to the premier of China, and ultimate downfall as Xi’s anti-corruption push caught up with him.

New York Times reporter Mike Forsythe (@PekingMike) and Lizzi C Lee (@wstv_lizzi), a journalist at the independent Chinese outlet Wall St TV, join me to discuss. We get into:

• Corruption crackdowns under Xi Jinping
• Western reporters reporting on China
• The not-so-well-hidden fortunes of Politburo members
• The dietary habits of traveling Chinese officials

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Outtro music: The Reform Group is Two Years Old by CCTV feat. Xi Jinping https://www.youtube.com/watch?v=xhU8C5RCbBs&t=3s

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