Posted on 01/05/2024 10:16:25 AM PST by Rummyfan
"You can't fight City Hall," we used to say, assuming we were living in a movie from the 1930s. Kidding aside, the old expression was for venting frustration at the odds of a lone citizen going up against bureaucrats who care more about filling out the proper forms than serving their communities.
But what happens when City Hall goes up against Wall Street? Or in today's case, when Communist Chinese control freaks displease the millions of investors who participate in global stock markets?
It's game over, man — game over!
Feng Shixin isn't a name I'd ever heard before today, but it was with some interest that I read about his handiwork in the days before Christmas. I would have written about it then but my wife and I both caught the Death Flu and, more than a week later, everything still tastes like mucus.
Pardon the disgusting digression.
Until this week, Feng served as head of Communist China's confusingly named Publicity Department, which is the regulator overseeing the country's gaming industry. Feng has stepped down — or more likely, been forced out — not even two weeks after announcing tough new rules to curb spending on video games.
(Excerpt) Read more at pjmedia.com ...
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