Desmund Shum is a red billionaire. Red Roulette is his memoir, a tell all expose of his family’s climb to the summits of wealth and the foothills of power. The book describes how he and his ex-wife maneuvered to the top—and why they subsequently crashed back to earth. Their fall was as dramatic as their rise: Shum now lives in exile; his unfortunate ex now lives in prison. With nothing to lose, Shum lets loose: his memoir promises to hang Beijing’s dirty laundry for all to see. What a sight this laundry turns out to be! Read this book. Though Shum is unreliable narrator, his memoir is the best single introduction to elite Chinese life yet written.
In the most recent issue of American Affairs, Walter Hudson argues against “the pull of the Cold War analogy.”θ Cold War analogies for 21st century Sino-American relations are natural yet insufficient. A friend of mine recently complained to me about the thoughtlessness of these analogies. “It is not difficult to rail against lazy Cold War thinking,” I responded. “What is difficult is fleshing out a more illuminating analogy to fill the gap.” Hudson faces this challenge squarely. He argues that the mirror we seek will be found in the eclipse of the British Empire by the United States.