“I think this move is a sign of weakness and will only increase the likelihood that the winds of change from the Arab spring will reach China. The Chinese middle class, while enjoying their new wealth, will eventually demand the freedoms other middle classes expect and enjoy. Attempts to move the country in the direction of North Korea are bound to fail and hasten the regime's end.” – Bill Witherell, Chief Global Economist, Cumberland Advisors
Hidden in the clamor of Iowa caucuses and the forthcoming primaries to take place in New Hampshire and South Carolina, a news item slipped through nearly unobserved by the American media. It is important and deserves some discussion.
