Thursday, November 8, 2012

whistling past the Chinese graveyard

It is hard to envy the Chinese hierarchy as it prepares to repopulate its ruling elite.

"We will neither walk on the closed and rigid road, nor will we walk down the evil road of changing (our) flags and banners," President Hu Jintao said.

No institution ever wants to get thrown out on its ass, but the twin difficulties of corruption and inequality are now insistent enough in China so that even its elite must pay some attention ... even if it is only lip service. Kinda like the United States.

Will talk-the-talk translate to walk-the-walk in China? I don't know. But I do know that institutions serve their own ends first.

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