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Chinese officials are not at billionaires level, millionaires at most. It’ll be a huge risk to their political life if they and their families possess billions.
by withhighprod 8y ago
Chinese officials are not at billionaires level, millionaires at most. It’ll be a huge risk to their political life if they and their families possess billions. It’s very likely they could control multiple billionaires though
- seanmcdirmid 8y agoNo it isn't. You simply shutdown all discussion about it. https://www.smh.com.au/world/chinese-leaders-family-worth-a-billion-20120629-218qi.html https://www.smh.com.au/world/chinese-leaders-family-worth-a-... https://www.nytimes.com/2014/06/18/world/asia/chinas-president-xi-jinping-investments.html https://www.nytimes.com/2014/06/18/world/asia/chinas-preside... And do you remember that discussion about Wen Jiabao's mom controlling a good chunk of China's jewelry industry that got the new york times banned: https://www.nytimes.com/2012/10/26/business/global/family-of-wen-jiabao-holds-a-hidden-fortune-in-china.html https://www.nytimes.com/2012/10/26/business/global/family-of... I think Chinese officials are genuinely surprised in how poor western politicians are and how many of them even lack xiaosans.