Seems the propaganda-meisters weren’t the only ones issuing gag orders over coverage of the knockout of Shanghai’s top cadre a week ago. Caijing magazine did too. Back in August and early September, as Beijing’s investigators tried to get to the bottom off the pension fund scandal, the financial magazine’s reporters kept remarkably in stride with […]
Read MoreThe turmoil following the dismissal of Shanghai’s former boss, Chen Liangyu, is far from over, and finally we hear some voices from the masses. They are demanding their pensions, which were embezzled by the greedy officials and businessmen, including Chen himself. Read a story by Geoff Dyer from Financial Times, “Shanghai’s disgruntled want pensions Mao […]
Read MoreDirector of the General Office of the CPC Shanghai Committee Sun Luyi(Â≠ôË∑؉∏Ä) is under investigation on serious discipline violations. This was just another aftershock since Chen Liangyu(ÈôàËâØÂÆá), former chief of CPC Shanghai Committee, was disciplined this Monday. The whole city is in turmoil as the corruption probe deepens. Here is a list of officials and […]
Read MoreFrom the Forum column of Beijing Review magazine, interestingly (downed) Shanghai’s top boss also pledged to fight corruption and graft during the swirling torrent of pension funds scandal: In mid-August in Hefei, east China’s Anhui Province, over 150 major officials of the city’s Baohe District attended a ceremony in the local memorial temple for Bao […]
Read MoreIt was said that one of the purposes to oust Chen Liangyu was to cool Shanghai’s economy, particularly the real estate sector. According to Apple Daily, echoing the central government’s policy of tightening the property market, local governments one after another released news about declining property prices. Shanghai’s property prices, which have been at their […]
Read MoreFrom AP: A corruption probe that brought down Shanghai’s top leader is progressing further, and others might be implicated, a Communist Party anti-graft official said Tuesday. Chen Liangyu’s ouster as Shanghai party secretary Monday was the highest-level purge in a decade and comes amid moves by President Hu Jintao to consolidate his power. State newspapers […]
Read MoreFrom Financial Times: The Shanghai government was in turmoil on Tuesday as a corruption probe that prompted the dramatic sacking of the city’s leading official on Monday appeared to deepen. To prevent any suspects leaving the country, senior Shanghai officials were ordered to hand in their passports while an investigation into corruption at the city’s […]
Read MoreMore reports are coming out about the downfall of Shanghai party secretary Chen Liangyu. From Reuters: Are Shanghai’s days as the freewheeling, red-tape slashing golden boy of China’s economic boom coming to an end? The dismissal in a corruption probe of the city’s most powerful official, local Communist Party secretary Chen Liangyu, suggests Shanghai might […]
Read MoreFrom Xinhua via sina.com, translated by CDT: Chen Liangyu (ÈôàËâØÂÆá), now former party secretary of Shanghai, was downed today for his involvement in the pension funds scandal. According to information available out of a recent investigation, Chen helped some businessmen and his aides and their families in lining their pockets in the misuse of social […]
Read MoreFrom Financial Times: Shanghai loves dazzling engineering projects and its latest scheme is to build trains that will cover the 200km to the tourist destination of Hangzhou in 30 minutes by levitating on magnets. Yet it is the old-fashioned Tarmac road between the same cities that is now the centre of attention in Shanghai politics, […]
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