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  • October 21, 2014
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  1. News - China - POLITICS

    Princelings' hands seen in plans to retain elderly bank chiefs

    Posted Feb 23rd 2013, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Trio's parentage, not just financial competence, seen as factor in keeping them past retirement age Princelings' hands seen in move to retain bank chiefs Beijing's plan to keep several top bankers at their posts past the normal retirement age suggests the princelings faction is still exerting a strong influence on the Communist ...

    http://www.scmp.com/news/china/article/1156575/princelings-hands-seen-plans-retain-elderly-bank-chiefs
  2. News - China - DEFENCE

    PLA reshuffle strengthens Xi Jinping's hand in corruption fight

    Posted Sep 22nd 2014, 05:18am by Angela Meng

    ... Angela Meng angela.meng@scmp.com Two key 'princelings' are set for promotion as president targets corruption and aims to turn world's largest army into a battle-ready force ... and General Xu Qiliang. Both were appointed in 2012. During the era of Jiang Zemin, the CMC had two to four career servicemen as vice-chairmen. Both Liu and Zhang are so-called princelings ...

    http://www.scmp.com/news/china/article/1597643/pla-reshuffle-strengthens-xi-jinpings-hand-corruption-fight
  3. News - China

    China's Xi, mystery 'princeling', takes top spot

    Posted Nov 06th 2012, 02:16pm by Agence France Presse

    ... with a sense of political entitlement, feeling that fellow “princelings” like him-- the privileged offspring of exalted Communist revolutionaries-- “deserve to rule China”.   ...

    http://www.scmp.com/news/china/article/1076147/chinas-xi-mystery-princeling-takes-top-spot
  4. News - China

    Princeling commissar Liu Yuan forfeits key role over rumoured links to Bo

    Posted Nov 08th 2012, 12:00am by CHOI CHI-YUK, Keith Zhai

    ... General loses seat on presidium after failing to secure promotion in PLA political department General Liu Yuan , the political commissar of the People's Liberation Army's General Logistics Department, has failed to retain his membership of the p ...

    http://www.scmp.com/news/china/article/1077488/commissar-dropped-congress-presdium-amid-rumours-links-bo
  5. News - China - MILITARY

    PLA Daily warns top brass about abusing housing privileges

    Posted Sep 25th 2014, 05:42am by ANDREA CHEN; MINNIE CHEN

    ... "It has been a long-standing problem in the army. Top leaders from a princeling background in the army have failed to hand over … mansions," said a retired senior colonel, who requested ...

    http://www.scmp.com/news/china/article/1599776/pla-daily-warns-top-brass-about-abusing-housing-privileges
  6. Business - Companies - COMPANIES

    Yung family finds there is life after Citic

    Posted Oct 20th 2014, 05:05am by Enoch Yiu, Eric Ng, Peggy Sito

    ... Enoch Yiu and Eric Ng Yung dynastyWith the Yung family's last ties to state-owned conglomerate Citic now severed, princeling Larry Yung is building a new family empire Life after Citic for the With his eldest son resigning from Citic as its non-executive director late last month, the last link of princeling Larry Yung Chi-kin's dynasty to the mainland's largest ...

    http://www.scmp.com/business/companies/article/1620200/yung-family-finds-there-life-after-citic
  7. Princeling manager to exit citic securities

    Posted Jun 13th 2012, 12:00am

    ... explore business opportunities on the mainland. Others often take senior jobs at big state-owned enterprises, or run their own private equity funds. Such children, so-called princelings, have ... struggling to find decent jobs after graduating. Wen is expected to retire officially next year as part of the leadership reshuffle. 'I have to say some of the princelings are doing a pretty ...

    http://www.scmp.com/article/1003833/princeling-manager-exit-citic-securities
  8. Fake princeling 'scammed stars out of millions'

    Posted Jun 28th 2012, 12:00am

    ... Minnie Chan minnie.chan@scmp.com Nearly 30 Olympic medallists and showbiz celebrities were swindled out of about 60 million yuan (HK$73.6 million) in bogus housing and car deals orchestrated by a woman pretending to be a 'princeling'- a child of a senior Communist Party figure- according to prosecutors. Hearings in the high-profile fraud case began on Tuesday ...

    http://www.scmp.com/article/1005223/fake-princeling-scammed-stars-out-millions
  9. Princeling Zeng helping state firm raise funds

    Posted Mar 01st 2012, 12:00am

    ... financial community for his successful investments over the past decade. They include bets on US-listed Dangdang.com, the mainland's top online book retailer. The 44-year-old princeling ...

    http://www.scmp.com/article/994105/princeling-zeng-helping-state-firm-raise-funds
  10. News - China - CORRUPTION

    ‘President Xi Jinping seeks his place in history – among the party greats’

    Posted Jul 30th 2014, 11:37pm by Keith Zhai

    ... Keith Zhai keith.zhai@scmp.com President wants anti-graft drive to cement legacy and revive the Communist Party, princelings say 'Xi seeks his place in history- among the party ... era of reform and growth, said sources including senior officials and "princelings"- the children of former high-ranking leaders. They said Xi identified himself strongly as a member ...

    http://www.scmp.com/news/china/article/1563061/president-xi-jinping-seeks-place-history-alongside-deng-xiaoping-say

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