“Barely two months into their jobs, the Communist Party’s new leaders are being confronted by the challenges posed by a constituency that has generally been one of the party’s most ardent supporters: the middle-class and well-off Chinese who have benefited from a three-decade economic boom. Ordinary Chinese buy into a grand bargain: the party guarantees economic growth, and in exchange the people do not question the way the party rules. Now, many whose lives improved under the boom are reneging on their end of the deal, and in ways more vocal than ever before. Their ranks include billionaires and students, movie stars and homemakers.”
Related posts:
SecondMarket to launch first New York-based Bitcoin exchange
Hospitals bribed by NHS to put patients on pathway to death
U.S. Treasury to miss deadline on FATCA tax crackdown
Cyprus bank controls to last a month, minister says
Drug dog that’s barely more accurate than a coin flip is good enough
China central bank suggests faster tempo for freeing yuan
Google pulls listening software from Chromium
Dollar Shortages Spread Amid Russian Ruble Collapse
US fast-food workers strike over low wages in nationwide protests
MI6 and CIA were told before invasion that Iraq had no active WMD, claims new documentary
Distrust of Americans spreads beyond Middle East
Escaping the death spiral of Blue State taxes
Chicago City Council approves police torture settlement
U.S. Expats Balk at Tax Law, Reconsider Citizenship
Al Franken's Privacy Concerns About Faceprints