Austin, TX (PRWEB) August 29, 2012
The third part of the exclusive interview between Absolute Wealth Managing Editor James R. Gorrie and Nardello & Co. Chinese business investigator Jeremy Hurewitz has been published. Inside the Red Dragon: Part 3 dives further into the global power rise of China and its economic implications.
They ended Part 2 talking about the sense of optimism and destiny in the Chinese people juxtaposed with China’s uneven development and corruption.
Part 3 started off with Gorrie asking about Chinese confidence in their own governmental leadership.
Hurewitz mentioned an agreement between the government and the people, saying that, “Overall, I do think there’s still confidence in the Communist Party, although there is rising cynicism, too.”
The two discussed Bo Xilai and the leadership differences between him and Wang Yang. Whether the change of regime will create a shift in government power and the country’s overall state is yet to be seen.
Hurewitz ended by saying, “But we’ll have to see if somebody like Wang Yang is going to take a much higher position of power as a result of this. It’s also not clear that we’re going to see a drastic acceleration of economic reforms. The Chinese policy of incrementalism will likely continue; I think the general curve of liberalization is going to continue as well.”
The continuing series will appear on AbsoluteWealth.com each Friday. Look for Part 4 of the interview on August 31, 2012.
Jeremy Hurewitz is the Head of Business Intelligence for Nardello and Co., an international investigative firm. Nardello and Co. is involved with litigation support and reputational due diligence while providing clients with outside-the-box thinking. Hurewitz’s background as a journalist is in Eastern Europe and the Far East, specializing in Chinese affairs.
James R. Gorrie attained doctoral candidacy in international relations and comparative politics, with an area specialty in international political economy and writes daily articles on current macroeconomic and investment topics for Absolute Wealth. He also writes special reports, interviews with thought leaders, and provides analyses on geopolitical events around the world that affect the market. James is currently writing a book on the crises China faces, which will be published by John Wiley & Sons in the spring of 2013.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.