Jia Qinglin Involved
Chinese Communist Party(CCP) leader Xi Jinping recently put
a stop to a private club called Maotai Party, belonging to
former Politburo Standing Committee member Jia Qinglin.
Despite this, the club is still running in secret.
However, it is revealed that a famous global media denied
publication of a report revealing Jia Qinglin is the real boss
of Wanda Group behind the scenes.
Commentators say, Xi Jinping's"Tiger Hunting" campaign
directly threatened those extremely wealthy party bigwigs,
who had united in opposition to Xi's anti-corruption plan.
Hong Kong-based Apple Daily recently quoted Ben
Richardson, a former senior editor of Bloomberg.
Richardson revealed that Jia Qinglin's family is a stockholder
of Dalian Wanda Group, which is led by China's wealthiest
individual Wang Jianlin.
Iin2013 Bloomberg's Editor-in-Chief Matthew Winkler held
back the report that investigated the financial links between
Wang Jianlin and other CCP high level–officials.
He worried that the report might negatively impact
Bloomberg's businesses.
Winkler even ordered four Bloomberg journalists in
Hong Kong, not to leak any contents of that report.
Richardson and other two reporters had worked for over
a year to complete that investigation report.
They later left Bloomberg because the story was denied.
Tang Baiqiao, President of New York Democracy University:"
Now the whole world is in a dilemma, or embarrassment
when reporting anything about the CCP.
On one hand, they feel that the party's evilness should be
exposed as much as possible for benefits of all mankind.
On the other hand, they have to handle conflicts of interest
if they do that.
If they do too much, the CCP's vested interest groups
will fight desperately against them.
In1999, the world-shocking Xiamen Yuanhua
Smuggling Case broke out.
At that time Jia Qinglin was the party secretary of
Fujian province, and his wife Lin Youfang was the
party secretary of Fujian Foreign Trade Corporation.
Although nearly the whole political circle of Fujian had been
involved in the smuggling case, Jia Qinglin escaped punishment
as the major backstage supporter of Yuanhua Group and its
founder Lai Changxing.
Some commentators believe that, Jia Qinglin had been
protected by Jiang Zemin as Jia was dead set on following
Jiang in persecuting Falun Gong.
This January, Xi Jinping lost his temper at the Third Session
of the Central Commission for Discipline Inspection.
Xi angrily questioned"Why will corruption in eating and
drinking never be stopped?";
"Are there backstage supporters of those corruptions?"
Xi Jinping directly mentioned private clubs in Beiing's Beihai
Park and Hangzhou's West Lake resort area.
However, a secret investigation by Hong Kong media found
that Jia Qinglin's club Maotai Party located at Beijing's
Changpuhe Park, were still running secretly despite seemingly
stopping its service.
When Jia was Beijing's municipal party secretary, his wife
and son-in-law were active in real estate investment and
house demolition projects.
They were involved in the demolition of historical places
at Guang'an Street, which were replaced by"International
Media Boulevard".
However, other than Guangming Daily, no other media
showed any interest in moving into the boulevard.
Zhao Yuanming, Senior Legal Expert:"Deng Xiaoping said
'Let some people get rich first' when presenting his idea
of economic reform.
But the truth is, the group"that gets rich first" are all
party officials and their children.
Previously the party still tried to conceal it.
Currently they don't care about that anymore and are openly
putting state-owned assets into their own pockets."
On February2, the Xinhua News Agency officialy reported
that30 luxury clubs at the West Lake Resort Area were
shut down for rectification.
Jiangnan Club is also on the list, which was founded
by Alibaba Group's founder Ma Yun.
Early this April, Ma Yun registered a"small" new company.
Despite his retirement, he still managed to borrow a large
amount of money from Alibaba.
Just in a week, his"small" company spent nearly ten billion
Yuan($1.6 billion) to buy into a Chinese financial software
provider Hundsun Technologies Group, and a state-owned
company WASU Media.
On April18, Chinese financial media reported that Alibaba
created disorder in Chinese capital market with its financial
product named Yu'ebao in2013.
Ma Yun then shocked the market again by purchasing
Changjiang Securities, a medium-sized security dealer.
On the same day, all trades on Changjiang Securities
were put into an urgent stop.
According to Reuters, Boyu Capital Advisory, founded by
Jiang Zemin's28-year-old grandson Jiang Zhicheng, would not
have become a top financial company without Ma Yun's help.
Similarly, Alibaba would not have become China's top
E-Commerce provider without buying back50% of
its stakes from yahoo.
Three state-owned financial offices helped Ma Yun
at the time, when Jiang Zemin was still the CCP leader.
Zhao Yuanming, a Chinese senior legal expert, commented
that the CCP had turned all private assets into state-owned
ones after it took power.
Now party officials are playing tricks to do the opposite,
turning state-owned assets into their private ones.
They have become extremely wealthy and so have the ability
to challenge Xi Jinping's anti-corruption campaign.
Interview& Edit/LiuHui Post-Production/XiaoYu
