Thursday, December 27, 2018

Falling Out of Favor in China

Falling out of favor in China is not like falling out of favor in some other countries.  The Deputy Chief of the Ministry for State Security, Ma Jian,  is now out of favor and in jail.  He is supposed to have done insider trading and bribery which are easy charges to bring in a country that still thrives on "facilitation payments" that are just bribes by a different name.  Anyone can be convicted, just about any time the mood strikes. 

It seems like the Deputy did not insulate himself from this kind of treatment by storing away some intelligence of his own on the business dealings of his friends at the top.  There was certainly enough to be had on all of them.  It is like insurance.  You will be sorry you had none if the tsunami hits, but that usually happens to somebody else. 

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