China rumoured to be undergoing an attempted coup

Garson007

Garson007

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Over the night of March 19 and early morning of March 20, Bejing local time, a message about a large number of military police showing up in Beijing spread widely across microblogs in mainland China.

The key figures in the action are said to be: Hu Jintao, the head of the CCP; Wen Jiabao, the premier; Zhou Yongkang, who has control of the People’s Republic of China’s police forces; and Bo Xilai, who was dismissed from his post as head of the Chongqing City Communist Party on March 15 by Wen Jiabao, after a scandal involving Bo’s former police chief.

Li Delin, who is on the editorial board of Securities Market Weekly and lives in Dongcheng District of Beijing, wrote on his microblog a report that confirmed unusual troop movements: “There are numerous army vehicles, Changan Street is continuously being controlled. There are many plainclothes police in every intersection, and some intersections even had iron fences set up.”
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http://www.theepochtimes.com/n2/chi...-says-chinese-internet-rumor-mill-207993.html
 
Somehow I doubt this is true, the populous is almost as badly brainwashed as that of NK and if they did try and start schit they will be squashed like bugs.
 
Albereth said:
Because the state resources would be focused inwards and not use to buy favors from corrupt African officials.

Yes, I am aware of the tautology.
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I'm sure the Chinese can focus on more than one thing at a time.
 
Albereth said:
Awesome news if true. Maybe it will stop the plunder of Africa
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so when the fong kong chines exploit our resources it becomes plunder .....what about European powers and colonialism .....get your facts straight before shooting off like that
 
macxsanity said:
so when the fong kong chines exploit our resources it becomes plunder .....what about European powers and colonialism .....get your facts straight before shooting off like that
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We are constantly reminded of colonialist plunder- so what's your issue?
 
For what it's worth -

http://www.zerohedge.com/news/andy-lees-china-coup-rumors

Earlier this morning, there have been some completely unfounded speculation of a Chinese coup. And this is all. To get some additional color, we go to Chinese macro expert Andy Lees, who incidentally has have left the churn factory known as UBS, and is now at AML Macro Ideas. Here is his take.

I am an hour and a half behind the market, but there has been some chatter of a coup in China. An article on the web says "Over the night of March 19th and early morning of March 20th, Beijing local time, a message about a large number of military police showing up in Beijing spread widely across microblogs in mainland China. The key figures in the action are said to be Hu Jianto, the head of the CCP, Wen Jiabao, the premier; Zhou Yongkjang who has control of the People's Republic of China's police forces; and Bo Xilai who was dismissed from his post as the head of Chongqing City Communist Party on March 15th by Wen Jiabao after a scandal involving Bo's former police chief". The article does not really say anything beyond that. Some people have dismissed the troops as security for a North Korean delegation. It could also be to head off any demonstrations against the fuel price hikes.

A second article says that around New Year's day 2 airforce officers were arrested on suspicion of plotting a coup, and a nuclear submarine on potrol was ordered back to port because they were thought to have links with the plotters.

There may be absolutely no truth in any of this, but if there is the possible consequences could be enormous for the global economy, for Chinese economic policy response - (remember the cheques that Saudi Arabia wrote to buy calm in the Arab Spring) - and for market volatility generally.

So there you have it: in short - it may be too early to discount anything, especially in the aftermath of the Bo Xilai party coup.

One thing is certain, do not expect to find any media confirmation or validation of these rumors.
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