- 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
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: