China's Economic Crisis

China's Economic Crisis

There has been much speculation about power struggles in China in the wake of the ouster of Bo Xilai, the powerful Communist Party boss of Chongqing who used populism, money and intrigue to rise to the top. Had he not been brought down this year -- by a series of mistakes, revelations and bad luck -- Bo might have rattled the technocratic-authoritarian system running the country. China might well survive its political crisis, but it faces a more immediate challenge: an economic crisis.

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