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‘Model communist’ Huaxi Village sees a bank run;the political motivation behind Xi’s ‘poverty alleviation’ brag

     SinoInsight  1      On Feb. 26, mainland media reported a bank run on Huaxi Group, the village collective enterprise of the famous Huaxi Village in the eastern province of Jiangsu. Mainland media reports say that large numbers of villagers had begun lining up outside Huaxi Group’s headquarters starting Feb. 24 to redeem their investment …

Read more‘Model communist’ Huaxi Village sees a bank run;the political motivation behind Xi’s ‘poverty alleviation’ brag

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