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Videos » Global » Chinese Premier hit by wealth scandal


Chinese Premier hit by wealth scandal

Posted: 26 Oct 2012 09:30 AM PDT

www.euronews.com The New York Times says Chinese Premier Wen Jiabao's family has accumulated huge wealth during his time in power. The paper claims partnerships linked to Wen's relatives have controlled assets of at least 2 billion euros. Wen's image has been built on his humble roots and compassion for ordinary people. But The Times alleges his family and friends have held significant corporate holdings, including more than 1.5 billion euros worth of stock in the Ping An Insurance Company. The paper, which based its findings on corporate records, claims Wen's wife, siblings and children have amassed most of their wealth since he became vice premier in 1998. He became leader five years later. The government has hit back at the allegations. Spokesman for the Ministry of Foreign Affairs Hong Lei said, "The report attempts to blacken China's name and has ulterior motives." The New York Times websites have been blocked to internet users in China, where the private lives of leaders are considered state secrets. The paper says it presented its findings to the Chinese government ahead of publication, but did not receive any comment. Find us on: Youtube bit.ly Facebook www.facebook.com Twitter twitter.com
From: Euronews
Views: 87
4 ratings
Time: 01:13 More in News & Politics

TED: Marco Tempest: A cyber-magic card trick like no other - Marco Tempest (2012)

Posted: 26 Oct 2012 08:00 AM PDT

The suits, numbers and colors in a deck of cards correspond to the seasons, moon cycles and calendar. Marco Tempest straps on augmented reality goggles and does a card trick like you've never seen before, weaving a lyrical tale as he deals. (This version fixes a glitch in the original performance, but is otherwise exactly as seen live by the TEDGlobal audience, including the dazzling augmented reality effects.)

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The Stig's Chinese cousin - Top Gear in Beijing - BBC

Posted: 26 Oct 2012 04:30 AM PDT

The Stig's chinese cousin puts the GAC Trumpchi and the Roewe 350 through it's paces. Later James and Jeremy test the cars safety and discuss their finer points. Subscribe to see all the reviews, races and challenges: bit.ly Top Gear YouTube channel: www.youtube.com TopGear.com website: www.topgear.com Top Gear Facebook Top Gear Twitter: twitter.com Latest Top Gear videos: bit.ly
From: TopGear
Views: 23697
1100 ratings
Time: 08:01 More in Autos & Vehicles

Today in History for October 25th

Posted: 24 Oct 2012 09:18 PM PDT

Highlights of this day in history: Cuban missile crisis fuels Cold War clash at UN; China's UN seat changes hands; 'Charge of the Light Brigade' battle takes place; Author Geoffrey Chaucer dies; Golfer Payne Stewart killed in plane crash. (Oct. 25)
Views: 429
10 ratings
Time: 01:56 More in News & Politics

Asia Week Ahead: Run-up to China's leadership transition

Posted: 25 Oct 2012 11:34 PM PDT

Oct. 26 - Political tensions are likely to rise next week with scandals emerging ahead of China's leadership transition. Manufacturing data meanwhile will be watched for further signs of recovery.
Views: 2
0 ratings
Time: 02:47 More in News & Politics

Make-Or-Break for Ballmer With Windows 8

Posted: 25 Oct 2012 07:22 AM PDT

Oct. 25 (Bloomberg) -- Betty Liu reports on the unveiling of Microsoft's newest operating system, Windows 8. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)
From: Bloomberg
Views: 90
1 ratings
Time: 00:38 More in News & Politics

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