News Headline Summary

Interesting read in the UK Telegraph ahead of the leadership change in China later this week: "China's economic destiny in doubt after leadership shock"

- If reports from the Hong Kong press and China's blogosphere are correct, a remarkable upset has occurred on the eve of the ten-year power shift next week -- the greatest turn-over of top cadres since Mao's revolution.

- The South China Morning Post says the new line-up of the Politburo's Standing Committee is "packed with conservatives". The succession deal agreed over the summer has been scuppered.

Full article: http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9654300/Chinas-economic-destiny-in-doubt-after-leadership-shock.html

04 Nov 2012 - 20:54 - - Source: Telegraph

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