{"id":521387,"date":"2010-04-08T17:35:00","date_gmt":"2010-04-08T21:35:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/chinese-official-suicides-2010-4"},"modified":"2010-04-08T17:35:00","modified_gmt":"2010-04-08T21:35:00","slug":"as-funding-pressure-grows-local-government-officials-in-china-are-killing-themselves","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/521387","title":{"rendered":"As Funding Pressure Grows, Local Government Officials In China Are Killing Themselves"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b5e02400000000000b2138e\/shadow-man.jpg\" border=\"0\" alt=\"Shadow Man\" \/><\/p>\n<p>In China, the heat is being turned up on local governments, which have been characterized as the <a href=\"http:\/\/www.businessinsider.com\/remember-sivs-china-has-em-and-theyre-hiding-a-massive-credit-bubble-2010-3\">SIVs of the country&#8217;s financial bubble<\/a>.<\/p>\n<p>Local governments are saddled with huge debts, and are desperate for the real estate bubble to continue feeding the beast.<\/p>\n<p>As such, we&#8217;re not surprised to see stories like this, from <a href=\"http:\/\/www.shanghaidaily.com\/sp\/article\/2010\/201004\/20100409\/article_433706.htm\">ShanghaiDaily.com<\/a>:<\/p>\n<p style=\"padding-left: 30px;\">THE mayor of a southeast China city committed suicide yesterday by jumping from a government building.<\/p>\n<p>Officials in Fujian Province confirmed Zhang Guosheng&#8217;s early-morning death.<\/p>\n<p>Zhang, the mayor of Putian, jumped about 8:30am after he scrambled out of a toilet window on the fifth floor, according to a statement released by the information office of the city yesterday afternoon.<\/p>\n<p>He died later in hospital.<\/p>\n<p>Here&#8217;s what makes this story remarkable. ShanghaiDaily describes this as a trend:<\/p>\n<p style=\"padding-left: 30px;\">More than 20 suicides have been reported among China&#8217;s officials since 2009.Their deaths have fueled speculation they were &#8220;sacrifices&#8221; to prevent investigations of other corrupt officials.<\/p>\n<p>Zhen Lifu, 51, a senior political adviser in Jiangmen City, of south China&#8217;s Guangdong Province, was found dead after hanging himself near his home on March 20.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/chinese-official-suicides-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/BT9SHYAAF54\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In China, the heat is being turned up on local governments, which have been characterized as the SIVs of the country&#8217;s financial bubble. Local governments are saddled with huge debts, and are desperate for the real estate bubble to continue feeding the beast. As such, we&#8217;re not surprised to see stories like this, from ShanghaiDaily.com: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-521387","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/521387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=521387"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/521387\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=521387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=521387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=521387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}