Weiying Zhang Demoted, 16th Dec., 2010.

The Economic Observer, one of China's better newspapers, is reporting that Weiying Zhang has been removed from his post as the Dean of the Guanghua School of Management.

The economist Zhang Weiying was removed from his position as dean of the Guanghua School of Management at Peking University and replaced by Cai Hongbin, reported China Business News.

China Business News interviewed a teacher from the Guanghua School of Management who stated Zhang's removal from his post was attributed to his radical views, which distracted him from the responsibilities of being a dean. He adds that Zhang had a lot of creative ideas and insights, but his views sparked many controversies.

The type of actions the teacher was referring to can be seen in a recent speech Zhang gave in which he said, "China's economic development depends on those like Liu Chuanzhi, CEO of Lenovo Group, rather than Zhou Xiaochuan, president of the Central Bank of China."