This went out last month and in it George speculates on some of the fallout from what he concludes is ‘..the most important political campaign in China for 25 years.’ He candidly admits there are ‘Trenchant questions which I can’t answer, and which most people can only speculate about.’ but has a go anyway.
He concludes (as did I in a recent post) whatever the details of the campaign a slower economy will be one of the more obvious consequences and it’s to be hoped that this short term pain is balanced in time by long term gains.
Enjoy the longer read at http://www.georgemagnus.com/chinas-economy-is-bound-up-with-xis-anti-corruption-campaign/