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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

The Royal Family of China ( New York Times )

Posted: 26 Oct 2012 07:06 AM PDT

By David Barboza,. a correspondent for The New York Times bit.ly based in Shanghai, China. He writes primarily for the Business section but also writes often for the culture section about art, film, television and dance in China.
Views: 22
0 ratings
Time: 04:38 More in News & Politics

Chinese anti-chemical protests dispersed

Posted: 27 Oct 2012 03:19 AM PDT

www.euronews.com Several hundred Chinese police officers have dispersed more than a thousand demonstrators in the eastern city of Ningbo who had staged sometimes violent protests against the planned expansion of a petrochemical plant. The unrest poses a major challenge to authorities in Beijing just a fortnight before China's leadership changes hands in its once-in-a-decade power transition. The protesters are angry about plans to enlarge a chemical plant run by a subsidiary of the China Petroleum and Chemical Corporation. In particular, they are focusing on the production of the chemical paraxylene - or more simply PX - which the demonstrators claim is carcinogenic. Environmental protests are tolerated by authorities more than those with political motivation. On Weibo, China's version of Twitter, discussion of the protests was not blocked. Find us on: Youtube bit.ly Facebook www.facebook.com Twitter twitter.com
From: Euronews
Views: 91
2 ratings
Time: 00:54 More in News & Politics

Gangnam Style: Ai Weiwei's Caonima Style video is banned in China

Posted: 25 Oct 2012 08:55 AM PDT

A remake of the Gangnam Style video by dissident artist Ai Weiwei has been removed from the internet in China. Report by Rob Gillett. Like us on Facebook at www.facebook.com and follow us on Twitter at twitter.com . Subscribe to ITN News! www.youtube.com
From: itnnews
Views: 8541
43 ratings
Time: 01:31 More in News & Politics

Barack Obama and Mitt Romney discuss America's role in the world in the third presidential debate

Posted: 22 Oct 2012 07:29 PM PDT

President Barack Obama and Republican candidate Mitt Romney debate America's role in the world. Report by Adam Sich. Subscribe to ITN News! www.youtube.com More from the third and final presidential debate: Highlights from the final debate: youtu.be Over to you America: youtu.be Debating America's relationship with China: youtu.be Debating Iran and Israel: youtu.be Horses and bayonets: youtu.be Debating America and the Middle East: youtu.be Like us on Facebook: www.facebook.com Follow us on Twitter: twitter.com
From: itnnews
Views: 337
2 ratings
Time: 01:32 More in News & Politics

Rosland's Nichols Likes Gold on `Pent-Up' China Demand: Video

Posted: 23 Mar 2012 11:26 AM PDT

March 4 (Bloomberg) -- Jeffrey Nichols, senior economic adviser to Rosland Capital, talks with Bloomberg's Pimm Fox about the outlook for gold. Nichols also discusses his investment strategy for gold. (This is an excerpt. Source: Bloomberg)
From: Bloomberg
Views: 1677
0 ratings
Time: 04:15 More in Entertainment

Highlights from the final US presidential debate between Barack Obama and Mitt Romney

Posted: 22 Oct 2012 11:57 PM PDT

US President Barack Obama and Republican candidate Mitt Romney argue over foreign policy in the final debate ahead of the November 6 election. Report by Adam Sich. Subscribe to ITN News! www.youtube.com More from the third and final presidential debate: Over to you America: youtu.be Debating America's relationship with China: youtu.be Debating Iran and Israel: youtu.be Horses and bayonets: youtu.be America's role in the world: youtu.be Debating America and the Middle East: youtu.be Like us on Facebook: www.facebook.com Follow us on Twitter: twitter.com
From: itnnews
Views: 45112
103 ratings
Time: 04:23 More in News & Politics

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