Radio Free Asia reported that Chinese President Xi Jinping’s relatives have millions of dollars in business enterprises and financial investments, citing a recent report by American sources.
After assuming power in 2012, President Xi launched an anti -corruption campaign designed to eliminate corruption at all levels of the Communist Party. This initiative, which focused on both high-ranking “tigers” and low-ranking “flies”, resulted in investigation and punishment of hundreds of thousands of officers reported by RFA.
The RFA report states that the US -backed intelligence agency, the office of the Director of National Intelligence (ODNI), indicated that President Xi’s family has maintained adequate financial interests and derived from political relations through private and state -owned enterprises.
ODNI quoted RFA as saying, “Their high-ranked positions may have given him access to privileged information, and both private and state-operated enterprises may have benefited family investment due to their associations with people in political authority.”
ODNI stated that Centralized Authority, lack of independent inspection, and limited accountability, especially at the provincial level, are systemic issues that promote corruption in China, as mentioned by RFA. The report suggested that these conditions enable government officials to receive money through corrupt practices at an estimated rate of four to six times their official salary.
Using its membership in China’s National People’s Congress (NPC), ODNI said, “High-ranked officers, who enjoy more access to the state’s property, get the most benefits from bribery and illegal financial transactions,” Using their membership in China’s National People’s Congress (NPC), as cited by an example, as a example.
“Possible benefits of NPC membership encourage individuals to encourage adequate costs, often to join through bribes, and accept bribes while serving or even after their tenure,” Odney said, “RFA said.
NPC, which is the legislative body of China, which mainly serves as a rubber-stamp parliament, is considered to be a means of achieving access to a status symbol and sensitive government information, according to the RFA report.
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