When asked by a reporter why he robbed banks, convicted bank robber Willie Sutton famously replied, "because that’s where the money is." While Sutton later denied making the remark, it was such a fabulously duh response to a dumb question that the medical profession later adopted "Sutton's Law" to describe the principle of "going straight to the most likely diagnosis."
So, what has this got to do with China? Well, in a recent Financial Times article, we learn that the All China Federation of Trade Unions (ACFTU), fresh from its disastrous showing at the Honda strike (where its minions were videotaped beating up striking ACFTU members), has turned its attention to foreign-owned investment banks.