While it has been commonly accepted that the intensity of corruption during Deng Xiaoping’s era was not serious as compared to today, there was still a saying of the Four Elite Families in Beijing back then (in comparison to the four Elite Families within Taiwan’s Kuomintang of Jiang, Song, Kong, and Chen). This referred to the families of Deng Xiaoping, Chen Yun, Ye Jianyiing and Wang Zhen.
According to Chinese political observers, Beijing has lately emerged a New Elite Family listing originated from the fortune ranking of the new Princelings. Ranked first is the son of Zhu Rongji – Zhu Yunlai[1]. Second place is Zeng Qinghong’s son – Zeng Wei[2]. Third place goes to Wen Jiabao’s son – Wen Yunsong[3]. And the fourth position belongs to Jiang Zemin’s son – Jiang Mianheng[4].
Hence, the New Four Elite Families of the CCP was unofficially borne. However, observers are keeping their fingers crossed on the sustainability of these Princeling’s fortunes after the 18th CCP Congress, as the heir apparent of Hu Jintao – Xi Jinping – has appeared to be a very anti-corruption leader hitherto.
(………… coming up next: The return of the previous nobles ……………..)
Wong Teck Yenn
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