Tuesday, September 27, 2022

Follow-Up

On Saturday we wrote about rumors of instability in China. It turns out to have been not much, a combination of pre-Party Congress jitters and the fallout from Xi arresting high level government officials for corruption. Apparently Xi’s drive to be leader-for-life is still on track to happen. Autocrats gotta autocrat. 

Just imagine - corruption at the levels of government immediately below Xi - in China where such things have been going on for literally thousands of years. Truly, everything old is new again, the emperors had the same problems with greedy subordinates poaching on the imperial turf.

As someone on the Reuters website noted, China’s tight control of information flows makes rumors like this one almost inevitable. Outsiders trying to understand what is going on in China are reduced to “reading the auguries” in oracle-like fashion.