Jamil Anderlini: Jon Huntsman, a former Republican presidential hopeful and US ambassador to China who met Mr Bo [Xilai, Communist Party chief of Chongqing] a number of times, said his demise revealed serious rifts among the top leadership of the country.
“The splits in the standing committee [over reform] are as pronounced now as they were during the [1989] Tiananmen Square period,” Mr Huntsman said. “Politics in China is a rough and tumble business. This is an open and public evidence of this and what happens behind the velvet curtain that the world never sees.”
via Beijing On Edge Amid Coup Rumors – Asia Business News – CNBC.

Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.