October 30, 2012

Insider Trading, Chinese Style

Peter Lee, Asia Times

AP Photo

Regarding the epic financial machinations allegedly practiced by the family of Chinese Premier Wen Jiabao, his supporters can draw consolation from the fact that the Wen family compares favorably to the Bo Xilai family in the matter of financial sophistication, investment success, and in not murdering its financial adviser.

They may also be heartened by the thought that China's tycoons are achieving parity with the West in best practices of legalized insider trading and...

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TAGGED: Wen Jiabao, China

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