Posted by & filed under Governments & Regulators, Growth & Valuation, Management Issues.

Description:  The mother of China’s prime minister was a schoolteacher in northern China. His father was ordered to tend pigs in one of Mao’s political campaigns. And during childhood, “my family was extremely poor,” the prime minister, Wen Jiabao, said in a speech last year.

Source:  NYTimes.com

Date: Oct 25, 2012

Link:  http://www.nytimes.com/2012/10/26/business/global/family-of-wen-jiabao-holds-a-hidden-fortune-in-china.html?ref=business

Questions for Discussions:

  • What does this article have to say about the relationship between government officials and businesses in China?
  • How different do you think this behavior is in other parts of the world?
  • Is there a solution that can control this sort of behavior?

 

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