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China's incoming president Xi Jinping's family has wealth of 100 millions

China Blocks Bloomberg Website After Story Details Xi Jinping’s Family’s Vast Wealth

China Blocks Bloomberg Website After Story Details Xi Jinping?s Family?s Vast Wealth - International Business Times


By PALASH R. GHOSH: Subscribe to Palash's RSS feed June 29, 2012 2:34 PM EDT

Local officials in China have blocked the country's Internet users from gaining access to the Bloomberg/Businessweek website, most likely because the news outlet published an article detailing the vast wealth of the family of Vice President Xi Jinping, who is set to become the next president of the nation.

The Bloomberg News story, published on Friday morning, said that Xi's extended family has accumulated assets valued at hundreds of millions of dollars through investments in multiple holding companies.

The family has a significant stake in Shenzhen Yuanwei Investment Co., a diversified and real-estate holding company, as well as positions in lucrative rare-earth metals and technology companies, Bloomberg reported.

In addition, Bloomberg noted, Xi’s family owns a $31.5-million villa on the South China Sea in Hong Kong and at least six other properties on the island.

Chinese political leaders earn modest salaries, and are forbidden from accumulating personal fortunes.

Interestingly, Bloomberg traced none of the assets directly to Xi himself, his wife, or their daughter.

The revelations would be particularly embarrassing to a Communist leadership seeking to stamp out government corruption. Xi himself has been associated with clean government and integrity.

Chinese officials routinely scour foreign Internet sites to block any sensitive reports and often block access to such items.

Dali Yang, a political scientist at the University of Chicago Center in Beijing, told BBC News: "The [Chinese] government has always been very careful in, on the one hand, emphasizing how they want to contain corruption, but yet also worrying about how reports of this nature might galvanize public opinion against the Communist Party.”

The Bloomberg report follows the scandal surrounding former Communist Party official Bo Xilai, whose wife is suspected of having smuggled billions of dollars out of China.

Apparently, outrage is growing among the Chinese public over the vast wealth of many bureaucrats and so-called ”princelings.”
 
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What about indian PM, rulling party'?

Sonia Gandhi ALONE, has an estimated net worth of $2-16 billion.

Savitri Jindal ALONE, has an estimated net worth of $13 billion.

World's Richest Politicians - Business Insider

Also, Mitt Romney ALONE has a net worth of $250 million.

Whereas the report in the OP mentions the combined net worth of Xi Jinping's entire FAMILY. :lol:
 
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Xi Jinping is the cleanest of the bunch! :rolleyes:

Looks like Washington is panicking because Xi Jinping turned out to be just like Vladimir Putin, not like weak and ineffectual Hu Jintao / Wen Jiabao.

Xi will be a great leader, i have faith on him.

Meanwhile i reserve my opinion for Wen, but Hu will get a passing grade as well.
 
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which politicians are not rich in the world?
but the difference is most of those ****** rich Indian politicians fortune is built on exploration of 90% of its poor population...and then transfered their money aborad, I know alot from City University, London...
 
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Sonia Gandhi ALONE, has an estimated net worth of $2-16 billion.

Savitri Jindal ALONE, has an estimated net worth of $13 billion.

World's Richest Politicians - Business Insider

Also, Mitt Romney ALONE has a net worth of $200 million.

Whereas the report in the OP mentions the combined net worth of Xi Jinping's entire FAMILY. :lol:
and not to mention our economy is 7 times bigger than their pony one,,,

based on this we can know well of indians' slave mentality, I guess an Indian 'spring' is coming soon``
 
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which politicians are not rich in the world?
but the difference is most of those ****** rich Indian politicians fortune is built on exploration of 90% of its poor population...and then transfered their money aborad, I know alot from City University, London...

And how did the Chinese politicians make the money? From their $8000 a year salary?:lol: The only difference is that people in India know about this corruption, while the Chinese don't cause the CPC censored the website and the news.
 
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Here is Jiang Zemin's elder son Jiang Mianheng, he was the deputy commander of the Shenzhou 7 mission.

And he was also the vice president of CAS, but he was denied to be promoted as the president of CAS because of his unique background.

v86xi.jpg
 
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Yes, our economy is much bigger than theirs, but their politicians (especially the most powerful one Sonia) are FAR richer than ours by several orders of magnitude. :lol:


The different is the Indian people know about her wealth. LOL
 
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Seems truth, hehe!!
Before assumption of office, the western start to make propaganda to defame Xi, VERY GOOD!
I also don't know Xi, I don't care about his money, I just want to know his ability!! Maybe not good, but he must be better than the indian president that elected!!
 
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And how did the Chinese politicians make the money? From their $8000 a year salary?:lol: The only difference is that people in India know about this corruption, while the Chinese don't cause the CPC censored the website and the news.

The average Chinese is smarter, healthier, and richer than the average indian. That's the difference.
 
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Seems truth, hehe!!
Before assumption of office, the western start to make propaganda to defame Xi, VERY GOOD!
I also don't know Xi, I don't care about his money, I just want to know his ability!! Maybe not good, but he must be better than the indian president that elected!!

Xi was pretty tough with USA during his visit, he basically told USA to STFU about China's human right record when they got the worst one actually, China will improve its human right, but it is none of their business. :coffee:
 
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Yes, our economy is much bigger than theirs, but their politicians (especially the most powerful one Sonia) are FAR richer than ours by several orders of magnitude. :lol:

With all those grafted money from their tax payers, no wonder they dream of hiring white servants from abroad.
 
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The average Chinese is smarter, healthier, and richer than the average indian. That's the difference.

So it makes corruption ok, and the censorship too?:lol:

Sonia Gandhi ALONE, has an estimated net worth of $2-16 billion.

Savitri Jindal ALONE, has an estimated net worth of $13 billion.

World's Richest Politicians - Business Insider

Also, Mitt Romney ALONE has a net worth of $250 million.

Whereas the report in the OP mentions the combined net worth of Xi Jinping's entire FAMILY. :lol:

Sonia Gandhi claim is exaggerated, I doubt she is worth that much, thats why such a vague figure.

#16 Lu Guanqiu = $2.4 Billion
#12 Wu Yajun= $6.7 Billion
#8 Zong Qinghou= $10.8 Billion


So if say I keep posting links from Bloomberg Website or other news websites, will the Great Firewall of China block this forum too? Lmao now thats a good plan to ban all the Chinese here for good:rofl:
 
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