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    Posted Apr 18th 2010, 12:00am by Cary Huang

    ... of the population- the estimated 450,000 millionaires- possess 70 per cent of the mainland's wealth, but the 'princeling capitalists' among the economic elite continue to extend ... leader of the nation. Although the country remains a one-party state, it does now have ruling factions with competing points of view. Princeling capitalism emerged in the 80s after paramount ...

  2. Is Beijing trying to groom the third generation of the Fok family?

    Posted Nov 20th 2010, 12:00am by Alex Lo

    ... tycoon Henry Fok Ying-tung and the son of sports supremo Timothy Fok Tsun-ting, young Ken is the closest thing Hong Kong has to a princeling. That's why in a rare report, mainland government ... like Beijing is trying hard to groom the young Fok- the third generation.' The piece was titled, 'Princeling Fok's far-sighted opinion on how to improve mainland soccer'. ...

  3. Rare insight into leader-in-waiting Xi

    Posted Dec 07th 2010, 12:00am by Staff Reporter

    ... man from a good home. The cables also described Xi as one of the princelings who will one day 'take their rightful place in the Chinese leadership'. Princelings refer to sons ... successor. Xi Jinping is convinced that only a small elite can maintain China's social stability and lead the country to new heights. The princelings, he says, are the 'legitimate ...

  4. All or nothing as Bo plays game of personality politics

    Posted Apr 11th 2010, 12:00am by Shi Jiangtao

    ... circle to which he belongs- known as taizidang, or princelings, the offspring of prominent state leaders- and this works against him. Bo's father, Bo Yibo, was a revolutionary elder and one ... it is believed that his princeling credential has helped him craft his showmanship and boost his career, Bo knew too well that it could become a curse, too. When his father was purged during the Cultural ...

  5. More liberal approach seen from new man for HK

    Posted Oct 09th 2010, 12:00am by Ambrose Leung

    ... Wang (pictured), who is a deputy foreign minister, is the latest to join the team of Communist Party 'princelings' ruling Hong Kong from Beijing. And despite the apparent lack ... 'On the surface, Wang's succession will be positive because unlike Liao Hui, he has international perspective and has a relatively mild appearance of being a princeling.' Liao- son ...

  6. The son also rises

    Posted Feb 13th 2010, 12:00am by Stephen Vines

    ... Policy Unit, that the increasing number of princelings being appointed to this government think tank's advisory committees has nothing to do with family connections but is attributable to their increased participation in business and public affairs. So the circle has been squared. The princelings, drawn from influential business and political families, have risen on the back of nepotism ...

  7. The great leap backward

    Posted Nov 25th 2010, 12:00am by David Eimer

    ... as the closest thing the mainland has to a Western-style politician. He has had a successful track record in his previous posts. Yet, it is his far less flashy fellow princeling, Xi Jinping, who ... that ignores the fact that Xi, Bo and many of their contemporaries in the party elite are princelings, the sons (and they are all men) of former party chiefs. They owe their positions in part ...

  8. Out and about

    Posted Mar 07th 2010, 12:00am by Jason Wordie

    ... in 1898, the fairways stretch between jungly hillsides and sandy beach. Of further socio-anthropological interest, Deep Water Bay's tycoon-and-princeling transport convoys, accompanied ...

  9. Equity fund distances Wen son from windfall

    Posted Oct 19th 2010, 12:00am by Amanda Lee

    ... Amanda Lee A private equity fund co-founded by Wen Yunsong, the son of Premier Wen Jiabao, has distanced the princeling from a windfall it gained in a proposed Hong Kong listing of a mainland pharmaceutical maker. Beijing-based New Horizon Capital, which was forced to abandon its plans to take a stake in Sihuan Pharmaceutical Holdings Group's initial public offering, said ...

  10. 'Steel princess' trading company in liquidation

    Posted Sep 30th 2010, 12:00am by Naomi Rovnick

    ... in mainland media because of her wealth and strong party connections. The offspring of current and former party ministers are commonly known as 'princelings'. The High Court ordered Pioneer ...




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