Category: Lou Jiwei

“Great job! You’re fired!”: Part 2, You’re fired!

1 December, 2016 (09:00) | Capital markets, China, Finance, Global news, Government, Lou Jiwei, organizational behavior, Politics, Speculation |

By: David A. Smith    [Continued from yesterday’s Part 1.]   As we saw in yesterday’s Part 1, using as source material a Wall Street Journal (November 7, 2016) story coupled with a personal experience from thirty-plus years ago (sepia font), Lou Jiwei had been hand-picked as China’s Finance Minister by none other than Xi […]

“Great job! You’re fired!”: Part 1, Great job!

30 November, 2016 (09:00) | Capital markets, China, Finance, Global news, Government, Lou Jiwei, organizational behavior, Politics, Speculation |

By: David A. Smith   In life there are technocrats and there are politicians, and in political situations the former usually work for the latter – and are fired by the latter where their usefulness is over.  As reported in the Wall Street Journal (November 7, 2016):   BEIJING—China removed its high-profile, reformist finance minister […]