According to The Washington Post:
The role — and riches — of China’s princelings has become a particularly touchy issue in the run-up to a party congress this fall…
Resentment toward the families of party elite has bubbled for years in China, stirred by a widespread belief that they are arrogant, flout rules with impunity and leverage their privileged access and clout within the party for personal gain.
Members of China’s “red nobility” are a diverse group. Some princelings hold senior positions in the military, others are executives in state-run banks and companies, while others have gone into private business, particularly finance and consulting.
To read the entire article in The Washington Post, please click here.
National Congress of the Communist Party of China
____________________
Also of interest:
The Different Roads of the Authentic and Inauthentic Elites
Harmful character of the toads
