A recent wealth flaunting incident by a state-owned enterprise (SOE) employee, which has been a hot topic on the Chinese internet, has unexpectedly brought to light the underlying institutional corruption in the CCP.
The young man in the spotlight was Zhou Jie. On July 25, someone broke the story that Zhou had posted messages on Wechat Moments between 2019 and 2021 showing off his wealth and extensive contacts in local political and business circles, even though he was an ordinary employee of State-owned Capital Operation Holding Group in eastern China’s Jiangxi Province.
On July 27, the Group issued a notice about the investigation. In addition to finding Zhou’s identity and his family’s six houses and two shops, the notice also revealed the professional backgrounds of his parents and three uncles: they all worked in state-owned enterprises in Jiangxi’s public transport system and were mostly middle- and upper-class officials….