China and Corruption

The power struggle ensuing behind closed doors is becoming more and more public knowledge as information about Bo Xilai trickles out. There is a good editorial at the Post about how it might effect our future, and why we must tread lightly when investing in China for the future. Rampant corruption in China threatens the entire fabric of their government -led economy.

Bo Xilai Scandal

The bizarre events surrounding Bo Xilai just got stranger. His wife is being investigated for murder of a British national. I would exercise caution when investing in China. The government is shrouded in mystery, and we must rely mainly on foreign news media to try to get a glimpse of what goes on behind the red curtains. The Times article hints that the Party could be involved in his death, but now they need to frame the wife. Bo Xilai has already fallen, so his spouse would make an easy target.

Another Chinese Politician Disappears

Where is Bo Xilai? The former mayor of Dalian is still missing, and the Chinese government is shutting down websites in hopes of quelling internet unrest about it. These kind of reports make me wonder how long a society like what China has set up can last. Too many people eventually will start asking too many questions, so many that it will go beyond what the communist government can contain.