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Out of the Gobi

My Story of China and America
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Out of the Gobi by Weijian Shan is a memoir detailing the author's arduous journey from a teenage life in Mao's Cultural Revolution to becoming a successful businessman and investor. The narrative explores themes of resilience and determination, as Shan shares his experiences of being sent to the remote Gobi Desert for 're-education' and his eventual rise in the world of finance. His story is not only a personal account but also offers insights into China's historical transformations and the dynamics of global business.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're interested in personal narratives that blend history with business acumen. It offers a unique perspective on resilience and the intersection of Eastern and Western economic strategies, making it a compelling read for those fascinated by the journey of transformation and success in the business world.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Foreword by Janet Yellen

Weijian Shan's Out of the Gobi is a powerful memoir and commentary that is poised to become one of the most important books on China of our time. It holds the potential to reshape how Americans view China and how the Chinese perceive life in America.

Shan, a former hard labourer who is now one of Asia's best-known financiers, offers an observant, eloquent, and brutally honest narrative. This positions him perfectly to tell the story of a life that reflects modern China, and how that life improbably became intertwined with America. Out of the Gobi vividly portrays the raw human energy and determination to succeed against all odds.

Shan had only completed elementary school when Mao Zedong's Cultural Revolution fragmented his country. He witnessed the brutality and absurdity of Mao's policies during one of the most tumultuous periods in China's history. Exiled to the Gobi Desert at age 15 and denied formal education for 10 years, he endured numerous hardships, yet never abandoned his dream of obtaining an education. Shan's improbable journey, from the Gobi to the "People's Republic of Berkeley" and beyond, embodies a uniquely American success storyβ€”told with humour, deep insight, and rich detail.

This authoritative and personal perspective on China and America will influence Americans' views of China, humanising the country, while offering a rare perspective of America from the vantage point of a perceptive foreign observer who has lived the American dream.

Janet Yellen, former chair of the Federal Reserve, comments: "Shan's life exemplifies what is possible when China and the United States converge, even by happenstance. The book captivates not only because of Shan's personal history but also how the stories of China and America intersect in a singular moment to create an inspired individual, uniquely driven, and representative of the true spirits of both countries."

Book Details

INFORMATION

ISBN: 9781394172580

Publisher: John Wiley & Sons Inc

Format: Paperback / softback

Date Published: 23 February 2023

Country: United States

Imprint: John Wiley & Sons Inc

Edition: Revised Edition

Contributors:

  • Foreword by Janet Yellen

Audience: General / adult

DIMENSIONS

Spine width: 28.0mm

Width: 152.0mm

Height: 226.0mm

Weight: 794g

Pages: 496

About the Author

WEIJIAN SHAN is chairman and CEO of PAG, a private equity firm. Prior to PAG, he was a partner at TPG, a private equity firm based in San Francisco, and co-managing partner at TPG Asia (formerly known as Newbridge Capital). He led a number of landmark transactions, including the acquisitions of Korea First Bank and China's Shenzhen Development Bank, both of which made his investors billions of dollars in profits and were made into case studies by Harvard Business School. Previously, Shan was a managing director at JP Morgan, a professor at the Wharton School of the University of Pennsylvania, and a farm laborer in China's Gobi Desert. He holds an MA and a PhD from the University of California, Berkeley, and an MBA from the University of San Francisco. He studied English at Beijing Institute of Foreign Trade (now University of International Business and Economics), where he also taught as a faculty member. He received no formal secondary education.

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