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The 2008 financial crisis was a watershed moment for China, says Desmond Shum, a businessman who moved to China in the 1990s. Before the crisis, Shum says it wasn't a matter of if China would follow the western model of allowing a free market, but how fast. Afterward, the western model was thrown out altogether. Shum wrote a book about doing business in China called “Red Roulette: An Insider's Story of Wealth Power Corruption and Vengeance in Today's China”. You can buy Red Roulette at https://amzn.to/3knkpiP This is a highlight from the full episode No. 134 Tell-All Book Reveals How Business Is REALLY Done in China • #134 Tell-All Book Reveals How Business Is... Don't forget to subscribe to the channel and hit that bell icon to get notified when new videos come out: / @chinaunscripted And check out our other channel China Uncensored: / @chinauncensored Our website: ChinaUnscripted.com YouTube demonetizes our videos, which is why we rely on support from viewers like you. Please join our 50 cent army at: patreon.com/ChinaUncensored chinauncensored.locals.com chinaunscripted.com/support Our social media: Twitter: twitter.com/ChinaUncensored Facebook: facebook.com/ChinaUncensored Instagram: instagram.com/ChinaUncensored