by Tim Clissold
Editor: Little, Brown Book Group
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The incredible story of a Wall Street banker who went to China with $400,000,000 credits and learned the hard way (not) to do businessIn the early nineties, China was finally open for business and Wall Street wanted the lawWhen the investment banks arrived from New York with their Harvard Mba, stripes and acorns of moccasins, ready to negotiate with the Old Frames, the stadium was set for collisionIt’s the true story of a rude Wall Street banker who came to China in search of glory.He teams up with an ex-Red Guard and an English Mandarin-speakingTogether, they raised over $400,000,000 in credits and bought all the factories in China.Only as they watched those millions slide into the abyss did they begin to understand that China really doesn’t have to play by anyone else’s rulesTim Clissold was there at the beginning of China’s transformation, and he is still there, to do businessIn this new edition of his immense book success, he describes how much and how little – has changed in China since its history began
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