Something is happening in China: new Finance and State Security ministers

Tuesday, November 8th 2016 - 14:50 UTC

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China appointed a new finance minister on Monday who is expected to maintain an expansionary fiscal policy and push reforms to put a lid on rising debt levels in the economy. Xiao Jie, a former tax chief and Minister of Finance deputy minister, was named minister of finance, the official Xinhua news agency said on Monday. Read full article

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ChrisR
“Xinhua did not say why Lou is stepping down, but analysts and policy advisors mentioned age.”

And the pistol bullet (paid for by his family) put into the back of his head.

The Chinese economy and the lamentable management by ALL Chinese financial officials is going to blow up within a few years.
Nov 09th, 2016 - 07:12 pm - Link - Report abuse 0
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