Changes

Bo sat on the 25-member Party Politburo and Central Committee, and was Party Secretary of a powerful municipality.  Bo styled himself as a champion of the poor and dispossessed, supporting the state-run economy, leading a crackdown on supposed organized crime bosses, and fanning nostalgia for the violent [[Antifa|Anti-fascist]] [[Cultural Revolution]] of the 1960s and 1970s.  Bo’s rhetoric was critical of the [[income gap]] and broken promises to the [[working class]] that accompanied China’s rise to become the world’s second-largest economy. Bo was widely reported as a candidate for promotion to the Politburo Standing Committee.

Bo sat on the 25-member Party Politburo and Central Committee, and was Party Secretary of a powerful municipality.  Bo styled himself as a champion of the poor and dispossessed, supporting the state-run economy, leading a crackdown on supposed organized crime bosses, and fanning nostalgia for the violent [[Antifa|Anti-fascist]] [[Cultural Revolution]] of the 1960s and 1970s.  Bo’s rhetoric was critical of the [[income gap]] and broken promises to the [[working class]] that accompanied China’s rise to become the world’s second-largest economy. Bo was widely reported as a candidate for promotion to the Politburo Standing Committee.

Bo’s wife was convicted of [[murder]] of a [[British]] businessman in August 2012.  Bo’s vice mayor was convicted of “bending the [[law]] for selfish ends, defection, abuse of power and [[bribe]]-taking” in September 2012.  Days later, the Party [[Politburo]] expelled Bo from the Party’s ranks and announced that it was transferring his case to state judicial authorities. The Party investigation concluded that Bo “bore major responsibility” in the cases of his vice-mayor’s actions and his wife’s involvement in the murder, and alleged that he “took advantage of his office to seek [[profit]]s for others and received huge bribes personally and through his family.”  [[Social media]] brought the scandal to light, creating problems for existing leadership.</small></ref>  In 2012, the following internal data leaked out: 90 percent of central party committee members had relatives and children who had emigrated to foreign countries; 85 percent of top officials were ready to abandon their positions and escape the country. That's why China doesn't allow any officials above mid-level local positions to hold their own passports.<ref>https://www.theepochtimes.com/the-chinese-communist-party-is-sinking-like-the-titanic-but-officials-have-a-plan_3382776.html</ref> According to Visual Capitalist, "China’s economic trajectory and geopolitical tensions have led millionaires to leave the country. China saw the world’s biggest outflow of high-net-worth individuals last year and is expected to see a record exodus of 15,200 in 2024."<ref>[https://www.visualcapitalist.com/mapped-millionaire-migration-in-2024/ Mapped: Millionaire Migration in 2024], Visual Capitalist</ref>

Bo’s wife was convicted of [[murder]] of a [[British]] businessman in August 2012.  Bo’s vice mayor was convicted of “bending the [[law]] for selfish ends, defection, abuse of power and [[bribe]]-taking” in September 2012.  Days later, the Party [[Politburo]] expelled Bo from the Party’s ranks and announced that it was transferring his case to state judicial authorities. The Party investigation concluded that Bo “bore major responsibility” in the cases of his vice-mayor’s actions and his wife’s involvement in the murder, and alleged that he “took advantage of his office to seek [[profit]]s for others and received huge bribes personally and through his family.”  [[Social media]] brought the scandal to light, creating problems for existing leadership.</small></ref>  In 2012, the following internal data leaked out: 90 percent of central party committee members had relatives and children who had emigrated to foreign countries; 85 percent of top officials were ready to abandon their positions and escape the country. That's why China doesn't allow any officials above mid-level local positions to hold their own passports.<ref>https://www.theepochtimes.com/the-chinese-communist-party-is-sinking-like-the-titanic-but-officials-have-a-plan_3382776.html</ref>  

 

According to Visual Capitalist, "China’s economic trajectory and geopolitical tensions have led millionaires to leave the country. China saw the world’s biggest outflow of high-net-worth individuals last year and is expected to see a record exodus of 15,200 in 2024."<ref>[https://www.visualcapitalist.com/mapped-millionaire-migration-in-2024/ Mapped: Millionaire Migration in 2024], Visual Capitalist</ref>

== External links ==

== External links ==