WEIJIAN SHAN’S LATEST BOOK

MONEY MACHINE

A Trailblazing American Venture in China

New book, Money Machine by Weijian Shan shares a compelling account of one of the most significant deals in private equity history: the first and only foreign acquisition of control of a Chinese national bank.

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WEIJIAN SHAN

ECONOMIST | INVESTOR | AUTHOR

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“Banking reform, long an oxymoron in a country of government-controlled banking system, was energized by a foreign private equity takeover. This book shares the full story. As the tenacious architect of this historic transaction, Shan provides a breathtaking account of the financialization of modern China.”

Stephen Roach, Yale professional and former Chairman of Morgan Stanley Asia, author of Accidental Conflict: America, China and the Clash of False Narratives

“An absolutely amazing tale! It’s highly informative and reads like a novel. A must read for anyone doing business in China. And that means almost everyone.”

Max Baucus, United States Senator (1978 – 2014) and China of the Senate Finance committee (2007 – 2014), US Ambassador to China (2014 – 2017)

Money Machine is the third of Weijian Shan’s riveting memoirs. It is the inside story of how an American private equity firm took over an ailing bank in China and fixed it, before exiting in one of the most lucrative financial transactions ever – and a win for all sides involved. It is also a cautionary tale of just how much tenacity is required when it comes to investing in China – something which is as relevant today as it was over a decade ago.”

Henry Sender, Managing Director of BlackRock, formerly Chief Correspondent for international finance at the Financial Times

“Money Machine is an instant dealmaker’s classic. The author delivers an eyewitness drama of fundamental change. Money Machine ultimately is less about money but about change. Read and learn.

Andrew Sheng, Distinguished Fellow, Asia Global Institute, University of Hong Kong, formerly Chairman, Hong Kong Securities and Futures Commission

MORE BOOKS BY
WEIJIAN SHAN

Money Games: The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank
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Out of the Gobi: My Story of China and America
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