Wealthy

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Rich Chinese Increasingly Finding Happiness is in Living Elsewhere

Wealthy citizens of the People’s Republic of China (PRC) are increasingly immigrating to nations like the United States, Canada, and the United Kingdom in search of better schools, cleaner air, and a higher quality of life. A recent poll of Chinese millionaires found that 16% held foreign residency while 44% planned on to move out […]

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Does PRC Prime Minister Wen Jiabao’s Family Control Hidden Fortune?

It would seem contradictory, even some would say almost to the level of self-parody, that a government official and party member in a nominally communist country could be tied to a family that controls a fortune rumored to be valued in the billions of dollars. Yet such is the rumor with the Prime Minister of […]

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Bo Xilai’s Police Chief Wang Lijun Sentenced to 15 Years in Prison

The former police chief of Chongqing, Wang Lijun, connected to the once-powerful Bo Xilai, was sentenced to 15 years in prison by a Chinese court in Chengdu because of his involvement in the Bo Xilai scandal that has rocked the PRC’s political establishment since it emerged that Bo’s wife, Gu Kailai, was responsible for the […]

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The Chongqing Model: After Bo Xilai, the Mega-City Moves Forward

The Bo Xilai case has brought to the forefront China’s unique model of economic development; namely, the political scandal has exposed to the world the very different philosophical strains driving Chinese politics, a stark contrast to the heretofore monolithic image the Chinese Communist Party has managed to present thus far. State-directed development influenced by socialist […]

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The Fall of Bo Xilai: Scandal in the People’s Republic of China Hints at Internal Power Struggle in the Politburo

The voice of the Communist Party of China has come through loud and clear in the Bo Xilai case: Bo is stripped of all titles and factional battles are alive and well within the Chinese Politburo. PRC internet sources are alive with rumors regarding the most public downfall of a powerful Chinese politician in recent […]

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China’s Privileged Class.

Jeremy Page’s article for the Wall Street Journal, “Children of the Revolution,” explores the emergent privileged class in China and the social tensions this brings forward in a nation with an average annual income of $3,300. The ‘little kings’ and privileged youth that are the children of the Cultural Revolution generation display a taste for […]

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