Thu Dec 6, 2012, 11:25 PM
HiPointDem (20,729 posts)
Neil Heywood case sheds light on privileged lifestyles of China's elite
Compared with the murder charges against his mother and the corruption allegations that brought down his father, Bo Guagua's adamant denial this week that "I have never driven a Ferrari" may seem, at first glance, insignificant. Yet it strikes to the core of one of the most politically explosive elements of the unfolding scandal in China: how elite communist dynasties use their influence to amass wealth and lead privileged lifestyles...
In legal terms, the denial appeared unnecessary. Unlike his parents – toppled Chinese politician Bo Xilai and murder suspect Gu Kailai – who are being investigated concerning the death and possible cover-up – of British businessman Neil Heywood, Bo Guagua has not been accused of any crime. But politically, he has come under almost as much scrutiny because of what he represents.
China's elite world of blood connections and dynastic influence has much in common with the European aristocracy or the old monied families of the US. But it is considerably more opaque – until a scandal such as this rips down some of the walls of secrecy and mutual protection... Guagua's grandfather was Bo Yibo, a former vice-premier and one of the so-called "eight immortals" who helped guide China after the turbulence of the Mao years...
Many sons and daughters of former leaders hold key positions, particularly in the military and the energy sector. The next president of China is likely to be a princeling: Xi Jinping. But the wider trend for those with politically rich red blood is no longer towards politics... Instead, the descendants of the old political dynasties are increasingly moving into finance and business – where their connections reap lucrative returns...
1 replies, 457 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Neil Heywood case sheds light on privileged lifestyles of China's elite (Original post)
Response to HiPointDem (Original post)
Thu Dec 6, 2012, 11:59 PM
dballance (5,756 posts)
1. Sounds a lot like the privileged lifestyles
of the US elite. Blood, political and financial connections that prevent them from ever facing justice.