Bad news. Mure Dickie reports in today's Financial Times that "A Chinese court has refused to hear a landmark lawsuit by hundreds of private investors whose oil wells were seized by the state and police have detained their lawyer." This is also bad news for all of those ambitious young Chinese women and men who have enrolled in Chinese law schools in the expectation that the growing rule of law will fill their pockets with renminbi.
While Vladimir Putin puts the dukes of Russian oil behind bars, Zhu Rongji sees to it that no one in China rises to a dukedom.
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