Diplomacia e Relações Internacionais
Wang Jianlin of Dalian Wanda Group, worth an estimated $10.3 billion and the recent buyer of U.S. cinema chain AMC Entertainment Holdings, took one of the chairs. So did Liang Wengen, with an estimated fortune of $7.3 billion, whose construction-equipment maker Sany Heavy Industry Co. 600031.SH 0.00% competes with Caterpillar Inc. CAT +0.22% Zhou Haijiang, a clothing mogul with an estimated $1.3 billion family fortune, also had a seat. As members of the Communist Party Congress, all three had helped endorse the new leadership.
Political Fortunes
For years the Communist Party in China filled key political and state bodies with loyal servants: proletarian workers, pliant scholars and military officers. Now the door is wide open to another group: millionaires and billionaires.
An analysis by The Wall Street Journal, using data from Shanghai research firm Hurun Report, identified 160 of China’s 1,024 richest people, with a collective family net worth of $221 billion, who were seated in the Communist Party Congress, the legislature and a prominent advisory group called the Chinese People’s Political Consultative Conference.
China’s legislature, called the National People’s Congress, may boast more very rich members than any other such body on earth. Seventy-five people with seats on the 3,000 member congress appear on Hurun Report’s 2012 list of the richest 1,024, which Hurun says it calculates using public disclosures and estimates of asset values. The average net worth of those 75 people is more than $1 billion.
By comparison, the collective wealth of all 535 members of the U.S. Congress was between $1.8 billion and $6.5 billion in 2010, according to the most recent analysis of lawmakers’ asset disclosures by the nonpartisan Center for Responsive Politics.
China has been grappling of late with political and social tension over its murky policy-making process and its growing income disparity. The party has been especially sensitive this year during the leadership change about revelations about fortunes amassed by the offspring of political leaders, known as “princelings,” by leaders of state businesses and by other politically connected people. Many ordinary Chinese blame high prices, poor quality food and pollution on guanshang guojie—meaning, roughly, officials in bed with businessmen.
via Defying Mao, Rich Chinese Crash the Communist Party – WSJ.com.
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Diplomacia e Relações Internacionais
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Defying Mao, Rich Chinese Crash the Communist Party
Wall Street Journal, December 27, 2012
When the Communist Party elite gathered last month to anoint China’s new leaders, seven of the nation’s richest people occupied coveted seats in Beijing’s Great Hall of the People.Wang Jianlin of Dalian Wanda Group, worth an estimated $10.3 billion and the recent buyer of U.S. cinema chain AMC Entertainment Holdings, took one of the chairs. So did Liang Wengen, with an estimated fortune of $7.3 billion, whose construction-equipment maker Sany Heavy Industry Co. 600031.SH 0.00% competes with Caterpillar Inc. CAT +0.22% Zhou Haijiang, a clothing mogul with an estimated $1.3 billion family fortune, also had a seat. As members of the Communist Party Congress, all three had helped endorse the new leadership.
Political Fortunes
For years the Communist Party in China filled key political and state bodies with loyal servants: proletarian workers, pliant scholars and military officers. Now the door is wide open to another group: millionaires and billionaires.
An analysis by The Wall Street Journal, using data from Shanghai research firm Hurun Report, identified 160 of China’s 1,024 richest people, with a collective family net worth of $221 billion, who were seated in the Communist Party Congress, the legislature and a prominent advisory group called the Chinese People’s Political Consultative Conference.
China’s legislature, called the National People’s Congress, may boast more very rich members than any other such body on earth. Seventy-five people with seats on the 3,000 member congress appear on Hurun Report’s 2012 list of the richest 1,024, which Hurun says it calculates using public disclosures and estimates of asset values. The average net worth of those 75 people is more than $1 billion.
By comparison, the collective wealth of all 535 members of the U.S. Congress was between $1.8 billion and $6.5 billion in 2010, according to the most recent analysis of lawmakers’ asset disclosures by the nonpartisan Center for Responsive Politics.
China has been grappling of late with political and social tension over its murky policy-making process and its growing income disparity. The party has been especially sensitive this year during the leadership change about revelations about fortunes amassed by the offspring of political leaders, known as “princelings,” by leaders of state businesses and by other politically connected people. Many ordinary Chinese blame high prices, poor quality food and pollution on guanshang guojie—meaning, roughly, officials in bed with businessmen.
via Defying Mao, Rich Chinese Crash the Communist Party – WSJ.com.
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- Nunca Antes Na Historia Da Humanidade, Tamanha Massa De Gente Deslocou-se No Espaco... (ano Novo Lular Da China)
Sinosphere, The New york Times, JANUARY 16, 2014, 1:48 AM CommentWorld’s Biggest Annual Human Migration Begins in ChinaBy DIDI KIRSTEN TATLOW China Daily/ReutersWith a military-style precision that framed something very human and messy,...
- China E India Desaceleram: Noticia Ruim Para O Brasil - Pranab Bardhan (nyt)
The New York Times, July 14, 2013The Slowing of Two Economic GiantsBy PRANAB BARDHAN KOLKATA, India — THE world’s two most populous countries are slowing down. To be sure, China’s output is expected to grow by 7.8 percent this year, and India’s...
- O Novo Lider (reformista?) Da China - Nicholas Kristof
The New York Times, January 5, 2013Looking for a Jump-Start in ChinaBy NICHOLAS D. KRISTOFBEIJING HERE is my prediction about China: The new paramount leader, Xi Jinping, will spearhead a resurgence of economic reform, and probably some political easing...
- China: Os 90 Anos Do Pcc E O Papel De Mao Tse-tung
Zee Exclusive 'Mao a terrific personality in Chinese history' ZEE News (Noida, India), Sunday, July 10, 2011, 11:01 Founded with just 50 members in 1921, the Communist Party of China is now the largest political party in the world with 80.269...
- Cuba: Sinizacao Em Curso (ditadura Capitalista)...
Os dirigentes cubanos pretendem "achinesar" -- ou sinificar -- um pouco o seu sistema, ou seja: manter a ditadura férrea do Partido Comunista (que hoje é apenas uma nomenklatura gerontocrática) ao mesmo tempo em que brincam de capitalismo. Não tenho...