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3Novices:Xiang’s dismissal shows Xi is picking his battles, and letting the old power brokers be, for now

In China’s corridor of power, what has been said is never telling; what has not, is.
The recent dismissal of the Chinese insurance regulator tells us that President Xi Jinping is more interested in getting a firm grip over the country’s financial industry than having a full blown war with the old power brokers of the Communist Party – at least for the moment.
Here is what has been said.
Xiang Junbo, who has been leading the insurance watchdog since 2011, was removed last week…
April 19, 2017 at 05:30AM http://ift.tt/2pyorJD
#3Novices #News #OnlineMedia #China 3Novices China

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