The China Hustle (2017) on Netflix
R20171h 22mDocumentary
Wall Street firms sell the China growth story to American savers who want in. Small Chinese companies reverse merge into defunct American shells and list overnight.
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- Netflix3.8/5
- IMDb7.1/104,128 votes
- Rotten Tomatoes79%
Trailer
Plot summary
After the 2008 financial crisis, American investment firms seek better returns for clients and profits for themselves. They pitch the China growth story to Americans who want to get rich but know little about the country or its companies. Small Chinese firms, among them Orient Paper and Advanced Battery Technologies, merge into defunct American shells such as Buffalo Mining and appear on the NYSE overnight. Conferences staged by lesser investment firms feature paid appearances by Bill Clinton and Henry Kissinger. The stocks spike, investors are goaded to buy, and brokerages take their cut.
Cast
Did you know?!Facts and trivia about The China Hustle (2017)
Can contain spoilers, watch the movie first.
- Out of approximately 400 Chinese companies involved in fraudulent reverse mergers, only one CEO went to jail, according to the documentary's closing sequence.
