FT Lex

be firing/running on all cylinders: to be operating or performing very well.

The team is firing on all cylinders.

JP Morgan’s hiring of so-called Chinese princelings is not nepotism but rather the pressure banks are under to justify their investment in Asia.

In fact, there are not enough deals in Asia for banks to get target profit, and the cost of hiring local hotshots is blowing out costs.

Advertisements

Bo Xilai fired from top Party posts – FT.com

Bo xilai’s life changed. He was one of the top Chinese officials, but now he was being held at the Communist seaside resort of Beidaihe in eastern China.

His wife has also been arrested on suspicion of murdering British businessman Neil Heywood who was a close associate of the Bo Family, because of intensified conflict of economic interest.