November 7, 2016

Fall Of China's Finance Minister Could Leave Massive Pile Of Debt Unchecked

The Chinese official responsible for repairing China's increasingly unstable economy was removed from power Monday in an unexpected move by Beijing. Finance minister Lou Jiwei, an extremely high-profile figure in Chinese politics and a beacon for market reforms in China, was ousted and replaced by Xiao Jie, a low-level bureaucrat, reports the Wall Street Journal. Serving as […]

Via: The Daily Caller