The downfall of the flamboyant Communist Party Chief Bo Xilai in Chongqing may have been linked to events in the gambling enclave of Macau, according to a report in the Economic Monitor, a publication run by the US economist Nouriel Roubini. The article, written by Kevin Yan, an analyst with Roubini Global Economics, states that the circumstances of the affair, kicked off by former Police Chief and vice-mayor’s flight to the US consulate in Chengdu, are unclear. But Yan’s article details a web of connections between China’s princelings – the children of the powerful – and organized crime.
Bo and the Macau Connection
Bo and the Macau Connection
Bo and the Macau Connection
The downfall of the flamboyant Communist Party Chief Bo Xilai in Chongqing may have been linked to events in the gambling enclave of Macau, according to a report in the Economic Monitor, a publication run by the US economist Nouriel Roubini. The article, written by Kevin Yan, an analyst with Roubini Global Economics, states that the circumstances of the affair, kicked off by former Police Chief and vice-mayor’s flight to the US consulate in Chengdu, are unclear. But Yan’s article details a web of connections between China’s princelings – the children of the powerful – and organized crime.