The Inexorable Descent of China
"How little we know."
-- Bill Bishop
There is a well-known Chinese aphorism: "Once people walk away, the tea becomes cold." (人走茶凉.) It can take on many meanings, but its primary one is this: When someone loses their position of power, they are quickly forgotten.
Following the Chinese Communist Party's 20th Party Congress, Xi Jinping -- breaking from decades of precedent -- will remain as the head of the CCP for a third five-year term. In fact, there has not been any one person to have as much power in modern China since Mao Zedong.
Source Fool.com
