The rampant corruption top to bottom of the Chinese Communist Party (CCP) is a steady drain on the nation’s wealth into the pockets of the ruling elite. Money intended for R&D, schools, hospitals, military supplies and health care are siphoned off and spent on expensive villas, luxury goods, offshore properties, and supporting their wives and children living in the West – yes, living in the hated West – as a hedge against the final collapse of the CCP. It is estimated that 80% of the CCP ruling elite have stationed their families in the West, so prevalent that they have an official nickname – “naked officials”.
The corruption has become so severe that it is one of the main causes of the current economic decline of China with the ruling elite spiriting away easily 20% of the nations wealth. How do I know it is 20%? I don’t. And neither does anybody else. No one actually knows the amount of corruption because every body in China lies and covers up embarrassing or damaging facts. It could be 30% or 10%, but no one actually knows. The point is, the CCP has become a parasite on the nation’s prosperity that is so large it is killing the host. Hopefully, one day soon the general population will get it and realize the CCP is a deadly parasite that needs to be excised.