Posted on 08/13/2002 5:48:31 AM PDT by SJackson
Edited on 04/22/2004 11:46:54 PM PDT by Jim Robinson. [history]
Suddenly everybody is awakening to the reality of political risk in China, but for the wrong reason. The world's attention has been drawn by the rumors flooding out of Beijing that paramount leader Jiang Zemin -- who holds the posts of general secretary of the Chinese Communist Party, state president and chairman of the Central Military Commission -- is upsetting the apple cart of a planned succession. The possibility of factional conflict breaking out into the open is certainly something to watch. But this isn't the biggest political risk that the Chinese, as well as foreign diplomats and investors, should be worrying about.
(Excerpt) Read more at online.wsj.com ...
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