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China Daily | Updated: 2015-08-24 07:50

Economy of high-ranking officials' children

衙内经济(yanei jingji)

Several senior officials who fell due to corruption, including former security chief Zhou Yangkang and former top energy administrator Liu Tienan, share something in common: Their sons were deeply involved in their corruption cases. Media have called this phenomenon "the economy of high ranking officials' children", which refers to the abnormal economic pattern in which the sons and daughters of high-ranking officials take advantage of their parents' power and influence to do business.

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