Xi Jinping becomes Chairman for life

Discussion in 'world politics, current affairs and news' started by Rimbaud, Feb 25, 2018.

  1. likesfish

    likesfish officaly hardest and most tooled up urbanite:)

    The problem is even if you were a really good political leader after a decade at max your fucked.
    just look at Blair and Obama before and after.:(
  2. not-bono-ever

    not-bono-ever Not what they want but what is good for them

    China to merge regulators, create new ministries in biggest...

    This sorta passed through unnoticed - very dull but significant - current financial market regulators to be merged. The utterly fucked & now nationalised Angbang insurance group and its banged up chairman Xiaohui are one of the reasons why the insurance regulator is being castrated and heads trolling. Significantly, the PBOC state bank is stepping in to take back overall control of the operation. Too much liberalism too soon it seems . The new president for life is slowly taking back power from the soi disant western style independent regulators entrusted with control until now. As a sub plot, the PBOC will now take charge of all data collection from the entire finance industry.
    UnderAnOpenSky and gawkrodger like this.
  3. Pwerus

    Pwerus Done here

    True, but Blair and Obama were in charge of democracies and had to put up with criticism and opposition. I hear that's not so trendy in China nowadays.
  4. Sasaferrato

    Sasaferrato Thank fuck it's not over.

    As I have said before, any country with 'Democratic' or 'People's' in the country name is a dictatorship.

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