Geostrategy-Direct
About 600 million people in China are living on an estimated $5 per day.
Those people likely suspect but have little credible information about the extreme wealth of top communist party leaders, notably Xi Jinping.
That could change with the release of a long-overdue U.S. intelligence report on the hidden wealth of those leaders, including Chinese Communist Party (CCP) chief Xi.
A U.S. intelligence report required by federal law on corruption and hidden wealth of Chinese leaders must be made public soon, according to a letter organized by Tennessee Republican Rep. Andy Ogles, a sponsor of the law.
Ogles and three other lawmakers stated in a letter to the Director of National Intelligence (DNI) Tulsi Gabbard that the report has not been produced more than a year after the deadline for its required submission under the 2022 law.
The lawmakers asked Gabbard to produce the report in the coming days, for use by the House in taking up the fiscal 2026 defense authorization bill. They also asked Gabbard to provide details on the status of the report by March 12.
Avril Haines, the DNI under President Joe Biden, ignored requests for information on the status of the report, the letter states.
Global publicity of such a report under the much more robust mass communications policies of the Trump administration could potentially destabilize the world’s largest communist regime that is constantly coping with unreported social unrest and mass uprisings.
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The letter stated that “massive wealth accumulation” by senior CCP leaders is already known to a limited extent.For example, in 2012 the family of Xi, who is general secretary of the party in addition to being China’s president since 2012, held $376 million worth of investments in certain companies, and an 18% indirect stake in a rare-earth mineral company that holds $1.73 billion in assets, the letter said.
By contrast, “So much, it would seem, for the supposed benefits of Communism,” the letter stated, noting that Xi has told China’s people to “eat bitterness” during the current economic downturn in the country.
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