. Secretary of the Treasury Henry Paulson said that Wang is "decisive and inquisitive" and "an avid historian, enjoys philosophical debates and has a wicked sense of humor." Paulson writes, "He is a Chinese patriot, but he understands the . and knows that each of our two countries benefits from the other's economic success. And he is bold — he takes on challenges, does things that have never been done before and succeeds. Wang managed the largest bankruptcy restructuring in China's history in 1998 and thereby prevented a banking crisis that could have crippled the country's growth."