Recently, a 'Chonqing Model' has been written and distributed (HERE). Suggestions of reaching back to the Mao and Marxist fundamentals may well represent a rather significant change to the assumptions, and thus expectation of investment return. A couple of key figures, Bo and Xi. A new Left on the Chinese Political spectrum may emerge. A Left with a different view of legal process and the judicial system. Does that change your view of what and how you might invest in China and the broader category of other EMs? With the State owned enterprise have a resurgence ? Watching and Learning.
Chinese Leaders Laud 'Red' Campaign
Published: 6/20/2011 12:28:00 AM GMT
CHONGQING, China—When Bo Xilai, a rising star in the Communist Party, began sending mass text messages with Maoist slogans and organizing revolutionary singing pageants in the megacity he runs, few people elsewhere in China took it seriously.
Three years on, however, Mr. Bo's "red" campaign is sweeping the nation after earning public plaudits from party chieftains over the past few months, to the delight of China's increasingly vocal "new left" intellectuals, and the outrage of liberals and the many victims of the Mao era.
Mr. Bo, 61 years old, is fast emerging as the most charismatic, controversial—and perhaps most influential—of the next generation of Chinese leaders, who are expected to take control of the world's second-largest economy at a once-a-decade shuffle of the party's top brass in 2012.
The latest indication came on Thursday, when 90 Chinese ministers and vice ministers gathered in Beijing to sing the revolutionary classic "Without the Communist Party, There Would Be No New China" which was featured in a musical film during the 1966-76 Cultural Revolution, according to state media reports.
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