However, when the economic crisis "The Great Recession" hit the U.S. it was pretty bad inside of the government here too. So, it is not surprising that in a country of 1.4 billion people that people wouldn't be pretty upset too. I don't think right now the government is the worst problem. The worst problem is likely about 2000 different factions of people that are irate throughout China who lost everything in this Stock Market Crash and others who lost jobs and businesses during this nationwide rout. However, the rout was also self inflicted by the government which is not lost on the people of China.
Tue, Aug 25, 2015, 11:16pm EDT - US Markets are closed
We have reason to believe the unthinkable is happening to China's president
By Linette Lopez
August 24, 2015 1:50 PM
It seems some factions within the party are turning away from President Xi Jinping behind closed doors and at high-level retreats.
This is what we know.
Not known for subtlety
Nothing that's run in China's state-run media is there by accident, and in the last few weeks the government has been sending less-than-veiled messages to power brokers, especially retired officials, within the party.The message is simple: Back off.
"It should become a norm for officials to relinquish their power after retirement," said an editorial published earlier this month in government mouthpiece The People's Daily.
The government has the means to take down whoever it thinks isn't falling in line. Xi's regime has been engaged in a far-reaching anticorruption campaign for more than a year that many experts believe is his way of getting rid of any opposition and consolidating party power.
The People's Daily article made reference to that investigation and cited Zhou Yongkang — the country's former security czar and the highest-level official to be taken down since the days of Mao Zedong — as an example of someone who didn't know how to relinquish his power.
He'll probably have time to figure it out in jail, where the 76-year-old will likely spend the rest of his days serving a sentence for corruption.
(REUTERS/Carlos Barria) A pedestrian walks past electronic signs displaying pictures of China's Politburo Standing Committee members at a subway station in downtown Shanghai on June 18, 2013.
Meet 'Guoping'
Then another editorial followed that openly called out people questioning China's attempt at economic reform known as "The New Normal." That was published across multiple publications, including the People's Daily.The piece was signed by "Guoping," a pen name the government uses when it wants to get its point across.
"The New Normal" is the government's name for the inevitable slowdown that has come from China's transition from an economy based on investment to one based on consumption. It's a long-term reform play and, to many, one that's long overdue.
But it comes with major pain. Xi had prepped his people for lower growth, but no one expected the slowdown would come so hard and fast.
(Macquarie) Some within the party, it seems, want Xi to turn back. The editorial last week was his way of saying "absolutely not."
"The in-depth reform touches the basic issue of re-configuring the lifeblood of this enormous economy and is aimed at making it healthier," said the editorial. "The scale of the resistance is beyond what could have been imagined."
The targets of the piece include not just retired officials, but also any official whose power has been weakened in the anticorruption investigation or who is upset about the austerity of "The New Normal."
Beijing-based political commentator Zhang Lifan told the South China Morning Post that the editorial was a sign that things were "not going well" and that a recent meeting of high-level party officials in the Hebei seaside resort of Beidaihe was tumultuous.
"Obviously they did not reach any consensus at the political activities in Beidaihe. Different groups are pursuing their own ways," he said. "This is a test of the leadership's ability to execute its mission."
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