Chinese billionaires caught in Beijing’s power struggle

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The 2015 Chinese stock market crash is also known as a financial coup against Xi Jinping. One of the key players has been detained by the Beijing authorities for 5 years. Recently, the Wall Street Journal reported that Chinese billionaire Xiao Jianhua will be tried soon. His trial is an important move by Xi Jinping to strike down political enemies in their power struggle. What does Xiao’s trial signify in the CCP’s ongoing factional war? Who is the Chinese tycoon behind the 2015 financial coup?
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References:
Chinese references:
https://www.163.com/dy/article/GKNOFDUM0514R9L4.html
https://china.huanqiu.com/article/44pURFenzkS
https://www.aboluowang.com/2021/1209/1681157.html
https://www.epochtimes.com/b5/22/5/5/n13727490.htm
https://www.epochtimes.com/b5/22/1/16/n13507592.htm
https://www.dw.com/zh/%E6%98%8E%E5%A4%A9%E7%B3%BB%E4%BC%81%E4%B8%9A%E8%A2%AB%E4%B8%AD%E5%9B%BD%E5%BD%93%E5%B1%80%E6%8E%A5%E7%AE%A1-%E9%9B%86%E5%9B%A2%E5%8F%8D%E6%8A%97%E9%81%AD%E5%88%A0%E5%B8%96/a-54267813
https://tw.news.yahoo.com/%E6%B1%9F%E6%B4%BE%E8%A2%AB%E6%8A%84%E5%AE%B6-%E4%B8%AD%E5%85%B1%E5%85%A7%E9%AC%A5%E5%8A%A0%E5%8A%87-%E5%8C%85%E5%95%86%E9%8A%80%E8%A1%8C%E7%A0%B4%E7%94%A2-%E6%98%8E%E5%A4%A9%E7%B3%BB%E9%9B%86%E5%9C%98%E8%82%A1%E7%A5%A8%E5%B0%87%E8%A2%AB%E6%B8%85%E7%AE%97-041505942.html
https://www.epochtimes.com/b5/21/1/31/n12723240.htm

English References:
https://www.theguardian.com/world/2017/feb/01/chinese-billionaire-xiao-jianhua-abducted-from-hong-kong-hotel-reports

https://www.ft.com/content/5e93bc10-e78f-11e6-967b-c88452263daf
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#Chineseeconomy #powerstruggle #XiaoJianhua #Xijinping #Chineseleader #factionalwars #Chinapolitics #Chinesetycoons #Chinesebillionaires

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