Corruption is an “endemic feature” of China under communist rule due to the opaque political system in the party-state and the lack of checks and balances, according to a recent U.S. intelligence report.
The report, released on March 20 by the Office of the Director of National Intelligence (ODNI), states that bribery increases “an official’s legal earnings by four to six times.”
It also reported that Chinese Communist Party (CCP) leader Xi Jinping and his family had amassed more than $1 billion in wealth as of 2012.
Since Xi assumed power in 2012, information on corruption among CCP officials has been more challenging to obtain, the report said, adding that Xi’s family is known to have held at least millions in financial investments as of last year....
