Another fiery, wake-the-dead-loud salvo from the gargantuan guns of the battleship Free World at the iron-fisted Chinese Communist Regime.
Story here. Read the whole report for the details of who's dumping their shares in the Communist-owned Bank of China, and for expert analysis of implications for the Communist regime's future.
The pillars holding up the myth of communist China are coming down, one by one. The latest the bite the dust was the notion of the Chinese Communist Party (CCP) as the great investment opportunity of the 21st Century.
What makes this pillar more important than the others is that, in many cases, political leaders were drawn to “engagement” by the business communities in their respective nations. With the business community now exiting Communist China, the political backing for “engagement” could start to crumble.
(...)This could have dramatic implications whenever the CCP needs cover for its overseas intimidation or its human rights abuses. No longer will the leading entrepreneurs and financiers in the free world have a vested interest in keeping the communists’ happy. No longer will they feel so compelled to come to the regime’s defense.
It may take time for that reality to trickle down to the political realm, but it will get there.
I see it coming... the collapse of the Communist regime in China. Don't you?
