Let go off the myths, believe in socialism China tells the people.

Chen Xi, leading Communist party figure, says members becoming politically and morally ‘degraded’ and looking to religion and superstitionOne of China’s top leaders has chastised Communist party cadres for putting “ghosts and gods” before Marx and Lenin.Writing in the party’s official mouthpiece, the People’s Daily, Chen Xi accusedsome officials of becoming politically and morally “degraded” and […]

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High leverage is “the source of risks”- China A senior policy maker stressed

A senior policy maker stressed Thursday China should continue its deleveraging process this year, while highlighting the necessity of tackling obvious yet easy to neglect dangers in the economy.“The course of deleveraging cannot be altered,” Yang Weimin,  deputy head of the Office of the Central Leading Group on Finance and Economic Affairs, the country’s top […]

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