Uncategorized

Fading Economy and Graft Crackdown Rattle China’s Leaders

On 27 JUL 15 NEC-SE posted: “For the second time this year China learns that the world powers have a say on your expansion dreams.”

https://nec-se.com/2015/07/27/for-the-second-time-this-year-china-learns-that-the-world-powers-have-a-say-on-your-expansion-dreams/

Today China has learned that a nation without a strong economy is a nation without political influence within the world.  Unfortunately for all of us when Chinese economy sneezes the Western economies develop Phenomena.

The article states:  “The start to the day was hardly unusual for a senior Chinese leader in a country grappling with an economic slowdown. On the morning of July 24, Zhou Benshun attended a meeting to promote one of President Xi Jinping’s signature projects, a plan to boost growth by building a “supercity” that would integrate Beijing with the region around it.”

“But by 6:10 p.m. that day, Mr. Zhou’s career was over, and he faced years in prison.”

http://www.nytimes.com/2015/08/23/world/asia/chinas-economy-and-graft-crackdown-rattle-leaders.html?smid=fb-nytimes&smtyp=cur

CHINA1-master675

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s