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Bo Xilai Ouster Insufficient to Say `He’s Finished,' Shih Says

The following are remarks by Victor Shih, a political economist at Northwestern University in Evanston, Illinois, on the ouster of Bo Xilai, Communist party chief of Chongqing, one of China’s fastest-growing major urban regions.

Shih is author of “Factions and Finance in China: Elite Conflict and Inflation” and has researched borrowing by about 8,000 local government entities in the nation. Bo was replaced by Zhang Dejiang, state news agency Xinhua reported today.