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Thursday, 27 December 2012

Heirs of Mao’s Comrades Rise as New Capitalist Nobility

Lying in a Beijing military hospital in 1990, General Wang Zhen told a visitor he felt betrayed. Decades after he risked his life fighting for an egalitarian utopia, the ideals he held as one of Communist China’s founding fathers were being undermined by the capitalist ways of his children -- business leaders in finance, aviation and computers.
Read more: Bloomberg news

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