Summary Box: China best-seller slams Goldman Sachs, says tried to ‘destroy’ China with crisis

Summary Box: Chinese best-seller slams Goldman

THE BOOK: Chinese financial journalist Li Delin has released another book slamming Goldman Sachs for its role in the financial crisis. The “Goldman Sachs Conspiracy” has sold over 100,000 copies since it was released in June.

THE GENRE: The conspiracy genre and dramatized accounts of scandals are popular in China, as in many markets. Delin’s other book, “Eliminate All Competitors — How Goldman Sachs Wins Over the World” was published last year. The U.S. bank has declined to comment on the book and others of its kind.

BACKDROP: The financial cataclysm of 2008 and ensuing global recession resulted in many books dissecting the role of global investment banks. Goldman Sachs has been widely criticized for its hefty executive pay, and has fielded civil fraud charges from the SEC.