China - Economic Data & News 08 (Apr 12 - Feb 13)

Re: China - Economic Data & News 08 (Apr 12 - Mar 13)

Postby winston » Wed Feb 27, 2013 6:01 am

Official suspended after airport check-in rage

A Yunnan mining official has been suspended and may face criminal charges after being caught on video ranting and raving at an airport check-in counter.

Yan Linkun, deputy chairman of the Yunnan Mining Corporation, was suspended Saturday after a security video showing him smashing computers and throwing stuff was posted online.

He will also face disciplinary action from the Qujing government, to which he is an adviser.

After arriving late to Kunming Changshui International Airport for his flight to Shenzhen, Yan rebooked tickets for him and his family for later in the day. He failed to show up on time for the second flight as well. Upon hearing he would not be allowed to board, Yan screamed at airport staff and then smashed two computers.

Oddly, although airport security staff can clearly be seen in the video, no one attempted to stop Yan after he began destroying things. He was not arrested but Kunming police are considering charges.

Yan later apologized.

http://www.thestandard.com.hk/breaking_ ... r=20130227
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Re: China - Economic Data & News 08 (Apr 12 - Mar 13)

Postby winston » Wed Feb 27, 2013 6:09 am

China Overheating? Biggest Weekly Cash Drain in History; Questions Surface Over Chinese Growth Numbers

In December I suggested the modest bounce in China PMI would not last. It didn't. The allegedly sustainable recovery in China is already in question.

http://globaleconomicanalysis.blogspot. ... -cash.html
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