Tiger Woman on Wall Street: Winning Business Strategies from Shanghai to New York and Back
Anyone considering doing business with China or investing in Chinese companies may find Li&#x2019;s book to have relevant insight into the business culture of China. A successful equity analyst and founder of an equity research firm, the self-proclaimed &#x201C;tiger woman of Wall Street&#x201D; has the unique perspective of having been raised in China and college educated in the U.S., and she shares her experience and observations of Chinese culture&#x2019;s impact on its business environment and her opinions on the economic stability of China. A mixture of autobiography and economics, the book is a warning to those considering investing in China to look past the growth potential and do the investigative research required to make an informed decision. It illustrates China&#x2019;s weak corporate governance and questionable business ethics through examples of fraud by Chinese companies including Longtop and Sino-Forest. Li advises against a top-down approach to stock selection in China because of the inaccuracy of reported data and alerts investors to China-specific risks. She believes the Chinese growth model has stalled, and an eventual economic crash is inevitable. --Cindy Kryszak