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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: TobagoJack who wrote (126359)12/17/2016 10:53:53 AM
From: elmatador  Read Replies (2) of 219219
 
The Chinese regime abhors openness. See the effect of being swamped by openness:

How comes the US president elect uses social media to go about state business and here in China things happen behind the doors and are communicated to us, population, after the deals are done?

What are our leaders doing behind the closed doors that they do not want to know about it?

In China’s closed political system, officials make a simple calculation: There are no penalties for silence, but there’s plenty to lose by talking.

President Xi himself almost never speaks in public unscripted; the rare interviews he gives to foreign media take the form of written answers to questions. Likewise, Premier Li Keqiang’s annual news conference, coming up this month at the National People’s Congress, is stage-managed so that he gets the questions well in advance—and the questions themselves must be negotiated with officials.

Lower down the hierarchy, executives of Chinese state enterprises rarely give media interviews. If they do they generally insist on written questions faxed in advance, and during the interviews themselves will often read the answers verbatim.

http://www.wsj.com/articles/chinas-central-bank-cant-shed-a-culture-of-secrecy-1456818894


My Chinese friend who is going to study in France told me:
I would not like to continue working ehre and then two years hence th company says: We don't have a job for you anymore.

I think he was thinking about China Development Bank project financing pulled out any time and his job would vanished.
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