So being part of the senior management at a gigantic Chinese state oil company has become opertionally akin to being a member of some forlorn partisan band arranging a rendezvous in a distant forest
CNPC sources said that high-level managers are so worried about these investigations that they have drawn up a contingency plan for filling any position left vacant after a CDIC inspection. As part of the plan, all mid- to upper-level company managers must contact department heads daily. Anyone who does not report is considered gone, and replaced the next day by a pre-approved successor.
.It's fairly safe to say at this point that the stability question in Chinese politics has changed from 'how safe is the Party from external challenge' to 'is the Party beginning to put itself under destabilizing internal strain'. There must be at least several hundred thousand people in important or significant jobs in China now wondering if this is going to happen to them. So how well do these jobs get done?
There are not many curently metrics available by which we can judge this - fluctuations in London property prices might be one - though it might be worthwhile examining this in the light of China's ongoing attempts to extinguish the last remnants of anything conceivably definable as dissident activity. If the Party feels the need to subject itself to internal pressure it won't tolerate even the most rudimentary external challenge.