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Comment


CHINA’S SUPER RICH ARE VOTING WITH THEIR ASSETS – AND FLEEING XI’S REGIME

Trust between the wealthy and the government has been destroyed

Cindy Yu 11 April 2023 • 12:30pm

Beijing has subjected the economy to senseless lockdowns and crowned Xi leader
for life Credit: Ju Peng/Xinhua

It’s now two months since Chinese billionaire Bao Fan “disappeared”. The
52-year-old investment banker was one of Shanghai’s most successful financiers.
That didn’t save him from being seized with no announcement; all Bao’s company
has said is that he is cooperating with government investigations....


Related Topics
 * China,
 * Chinese economy,
 * Global economy,
 * Xi Jinping

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