June 30, 2012
China blocked web searches on Saturday for the name of leader-in-waiting Xi Jinping, a day after cutting access to Bloomberg sites following the agency’s publication of a report on his family’s wealth.
Financial newswire Bloomberg used publicly available records to compile a list of investments by Chinese Vice President Xi’s extended family, which the agency said totalled $376 million.
The report did not trace any assets to Xi, expected to become Chinese president in an upcoming leadership transition, his wife, or their daughter and said there was no indication of wrongdoing by Xi or his family.
Nevertheless the story, which highlighted the access to riches enjoyed by the elite in a country with a growing wealth gap, prompted Chinese authorities to block access to all of Bloomberg’s sites from within China after its publication Friday.
This article was posted: Saturday, June 30, 2012 at 6:16 am