Xi Jinping’s Family Has Assets Worth Over $1 Billion, 65% China Officials Take Bribes: Report

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Xi Jinping’s siblings, nieces, and nephews collectively “held assets worth over $1 billion in business investments and real estate”, the report said.

bitcoins China President Xi Jinping

China President Xi Jinping

Chinese President Xi Jinping’s family still holds millions of dollars in business ventures and financial investments in the country, a US intelligence report said. Although Xi Jinping’s decade-long anti-corruption drive has targeted officials in the Chinese Communist Party (CCP), corruption remains “endemic” in the party, the report said.

What Report Said On Xi Jinping’s Family

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    Xi Jinping’s family has leveraged political connections to maintain substantial financial interests, both in private and state-owned enterprises, the report said, adding, “Their high-ranking positions could have provided them with access to privileged information, and both private and state-run enterprise activities might have benefited family investments due to their associations with people in political authority.”

    It stated, “Corruption is an endemic feature of and challenge for China, enabled by a political system with power highly centralized in the hands of the CCP, a CCP-centric concept of the rule of law, a lack of independent checks on public officials, and limited transparency.”

    Xi Jinping’s siblings, nieces, and nephews collectively “held assets worth over $1 billion in business investments and real estate”, the report said, adding, “Their senior-level positions would have granted access to privileged information and both private and state-owned enterprise actions could have advantaged family holdings due to their connections to persons with political power.”

    65% China Government Officials Corrupt

    The report estimates that as many as 65 per cent of government officials in China receive illicit income through bribery.

    “Corruption in China often involves money in the form of different types of bribery or graft, and open-source research has demonstrated that some officials and their families have amassed significant wealth due to their positions and connections,” it said.

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      Location :

      Beijing, China

      First Published:

      March 26, 2025, 14:18 IST

    News world Xi Jinping’s Family Has Assets Worth Over $1 Billion, 65% China Officials Take Bribes: Report

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