On 19 May, the Wall Street Journal reported that an internal Communist Party directive bars senior officials from owning property abroad or stakes in overseas entities, whether directly or through spouses and children. It is said that the Party will block promotions for senior cadres whose spouses or children hold significant assets abroad, as China seeks to insulate its top officials from the types of sanctions now being directed at Russia.
Any modest contributions for my time and ongoing expenses are welcomed! I have a page where you can do so, and where one-off contributions start as low as $3, at
NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!