First Bloomberg got blocked in China for exposing the wealth of Xi Jinping’s family. Now, it’s the New York Times turn.
David Barboza of the New York Times has done an incredible job of investigation in ‘Billions in Hidden Riches for Family of Chinese Leader’ that tracks the wealth of the family of Premier Wen Jiabao:
Many relatives of Wen Jiabao, including his son, daughter, younger brother and brother-in-law, have become extraordinarily wealthy during his leadership, an investigation by The New York Times shows. A review of corporate and regulatory records indicates that the prime minister’s relatives — some of whom, including his wife, have a knack for aggressive deal making — have controlled assets worth at least $2.7 billion.
Grandpa Wen, say it ain’t so.
The article goes seven pages, all worth close reading. But, before you read it, have a look at the accompanying video:
And, after you watch the video and read the article, go to the chart showing ‘The Wen Family Empire’: