U.S. Intelligence Report Reveals Xi Jinping Family Wealth and CCP Corruption

On January 6, 2025, at the plenary session of the Chinese Communist Party's (CCP) Central Commission for Discipline Inspection, Xi Jinping stated: "The stockpile of corruption has not yet been eradicated, and new cases continue to emerge..." indirectly admitting the failure of the anti-corruption campaign. (Video screenshot)

[People News] The Office of the Director of National Intelligence (ODNI) released a report last Thursday (20th), revealing that as of 2024, Xi Jinping’s family may still hold millions of dollars in business interests and financial investments.

Severe Corruption in the CCP: Over Half of Officials Involved in Bribery

The report states that as many as 65% of Chinese government officials have accepted bribes or been involved in corruption. Despite Xi Jinping’s large-scale anti-corruption campaign since taking power in 2012—resulting in nearly 5 million officials being convicted of bribery—the problem remains severe, raising doubts about the effectiveness of these efforts.

Uncertainty Over Whether Xi’s Family Divested Assets

The report mentions that after media investigations in 2012 exposed the immense wealth of Wen Jiabao and Xi Jinping’s family, Xi may have ordered his relatives to divest their holdings to reduce scrutiny over conflicts of interest. However, industry research suggests that as of 2024, his family still retains substantial business interests and financial investments.

While the report does not find direct evidence that Xi Jinping personally holds investments, it indicates that he may control related assets indirectly through family members or trusted associates.

Anti-Corruption Campaign Used as a Political Tool

The six-page report also notes that Xi Jinping has repeatedly used the anti-corruption campaign to consolidate political power and manage factional struggles. Examples include: 2019: Chen Gang, then Vice Mayor of Beijing, was accused of accepting over $18 million in bribes, some of which were linked to his oversight of the 2008 Beijing Olympics construction projects. 2020: Zhang Wei, a former senior executive at Zhongke Chuang (a technology investment firm), was investigated for bribing Li Huanan, the former Deputy Secretary of the Shenzhen Municipal Committee, and for involvement in organized crime. 2024: Yao Qian, former Director of the Technology Regulation Department of the China Securities Regulatory Commission (CSRC), who was in charge of China’s digital yuan project, was investigated for "serious violations of discipline and law."

Military Corruption Raises Concerns Over a Possible 2027 Taiwan Invasion

The report also highlights Xi Jinping’s concerns over corruption within the military. In recent years, several high-ranking military officials have been purged, including 2023: Li Shangfu, then Minister of National Defense. 2024: Miao Hua, then Director of the Political Work Department of the Central Military Commission. These officials were responsible for military strategy and ensuring political loyalty, signalling that Xi’s efforts to tighten control over the military are ongoing.

Ahead of the 2023 Third Plenary Session of the CCP Central Committee, Xi Jinping emphasized that "the gun must always be in the hands of those who are absolutely loyal to the Party." Analysts believe this reflects his concern that military corruption could undermine the CCP’s potential military action against Taiwan in 2027.

(Adapted from Radio Free Asia)