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HSBC and Citigroup announced that they are under investigation by the U.S. Securities and Exchange Commission (SEC) for candidate hiring practices.
The sons and daughters of revolutionary Party leaders are coming out in support of China’s anti-corruption campaign, which targets in part former leader Jiang Zemin.
China’s princeling leaders, now multiple in the leadership, sometimes have a tendency to performance politics.
Deng Xiaoping and Jiang Zemin each had their reasons for keeping their positions in the CMC when they were otherwise retired.
Behind every somber character that made it onto the Politburo Standing Committee in the Chinese Communist Party’s recent leadership shakeup, there lies a story of intrigue and horse-trading.
Before the real transfer of power takes place at the 18th Party Congress, the Chinese Communist Party has already promoted a number of lieutenant generals to general – among them Liu Yazhou, who among other things supports an aggressive defense posture against the United States, some form of democracy in China, and closer ties with the Islamic world.
