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Apr 14, 2023Liked by Michael Fritzell

Shem's book is indeed a good read but what it reflects more than anything is a different system of norms as to how interpersonal relations are handled. In the West we tend to see things as either black or white. In Chinese society, life is more a series of gray. This means that many norms are more in flux than in the West.

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Interesting, I would agree with that. On one level, Whitney's relationship with Wen's wife was about making money. But I think there was a genuine connection as well. Norms more in flux than in the West, like you say.

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Apr 14, 2023Liked by Michael Fritzell

Very interesting. Great work

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Thanks Baz!

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Thank you, interesting recap, though I think the interpretation that the state (or, more accurately, the party) has reasserted control means corruption will be less widespread is optimistic to say the least.

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You've got a good point there. We shall see... I suppose we can probably estimate the amount of corruption from the sales of luxury vehicles, luxury watches and such.

There's also a question of whether greater state involvement in the economy will hinder growth to such an extent that fewer people get rich anyway.

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I used to work for a Chinese state-owned company, and I think this book exposes what most Chinese won't say on the Chinese internet. If we say it, our speech will be eliminated.

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Fascinating book and great review!

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Thanks!

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Apr 17, 2023Liked by Michael Fritzell

If you liked this book I highly recommend reading "The Last Kings of Shanghai" (amazing) and "Red Carpet: Hollywood, China, and the Global Battle for Cultural Supremacy" (Good but not amazing)

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Love the Last Kings of Shanghai! https://twitter.com/Fritz844/status/1423644265012367366?s=20

I should take a look at the Hollywood book as well.

Thanks!

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Great summary as well. He was the more 'interesting' of the 2 families but the Kadoorie family ended up much smarter (and wealthier).

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