Fall Of China’s Finance Minister Could Leave Massive Pile Of Debt Unchecked
The Chinese official responsible for repairing China’s increasingly-unstable economy was removed from power Monday in an unexpected move by Beijing. Finance minister Lou Jiwei, an extremely high-profile figure in Chinese politics and a beacon for market reforms in China, was ousted and replaced by Xiao Jie, a low-level bureaucrat, reports the Wall Street Journal. Serving as…
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Sure is empty down here...