• [stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width"100%" palette="financial-light"]

    China Fires Defense Minister Li Shangfu In Continuing Xi Purge Of Rivals

    October 24, 2023
    1 Comment

    China has fired Defense Minister Li Shangfu.

    Li was also removed from his positions as a member of the Central Military Commission – a powerful body headed by Chinese leader Xi Jinping who ultimately commands the armed forces – and as one of China’s five state councillors – a senior position in the cabinet that outranks a regular minister, state broadcaster CCTV reported Tuesday, reported CNN.

    Li has not been seen in two months.

    Xi Jinping has been purging the ranks of Chinese leadership in an effort to remove possible rivals as China's economic system accelerates its collapse due to a severe bubble in the real estate sector.

    The general’s disappearance follows a series of unexplained personnel shakeups that have roiled the country’s upper ranks, including the dramatic ousting of former Foreign Minister Qin Gang in July, added CNN.

    We reported on this continuing development here recently.

    ‘NO AD’ subscription for CDM!  Sign up here and support real investigative journalism and help save the republic!  



    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of

    1 Comment
    Inline Feedbacks
    View all comments

    Wait a minute, didn't Stalin nearly kill himself like this in the 1930's? It took FIVE countries COMBINED to save the communists' bacon from Hitler at Barbarossa.

    WTF is wrong w/China? This is the WORST possible time to "purge' a military.
    History rhymes, and THEN repeats. And i don't even care for china, politically.


  • Subscribe to our evening newsletter to stay informed during these challenging times!!