More and more Chinese Communist Party (CCP) corrupt officials are escaping to oversea countries. The CCP has provided the US with a list of over 1000 corrupt officials living there. Chinese anti-corruption activist said, the CCP won’t really ask the US to send those officials back. The reason is, they escaped because they failed in the CCP’s internal struggle. Every corrupt official is linked with more corrupt officials. Thus the CCP has yet to sign any extradition treaties with the US.
Beijing offered Washington a list of over 1000 corrupt officials who had escaped to the US, expecting the US to send them back to China. However, there is currently no extradition treaty between China and the US. Some Media thus commented that there are difficulties for the CCP in achieving the goal.
Zhu Ruifeng, Administrator of rmjdw.com: “It is not possible to demand that the US send those corrupt officials back to China. All of them are linked with higher-level corrupt officials, who only hope the escaped ones never return to China. A Chinese saying is “Mud also goes away when pulling out a radish”. A lot of party officials would be involved with any single corrupt official investigated. Therefore Secretary Xi is hesitant in signing the treaty.”
Corrupt Chinese officials are reported to have massively purchased houses in the US, leading to ramping up house prices. They were also said to have bad manners and are disliked by local residents. In addition, the US still has other laws to handle those people even without an extradition treaty.
For example, if corrupt officials are illegal immigrants they may be repatriated according to immigration laws. An example of that was Yu Zhendong’s case. The former Bank of China branch director was repatriated to China in 2004.
Zhu Ruifeng:”Everyone hates corrupt officials. However, the CCP and its regime would not survive without corrupt officials. They will continue to disgust American people as they escaped and spend their money there. Our people would rather like them to stay in foreign countries. As we know, Canada has recently clamped down on investment visas.”
Liu Chunbao, a member of the China Anti-Corruption Alliance, said the CCP’s anti-corruption campaign is only a show. The truth is corrupt officials are only punished when they failed in the party’s internal struggle. For this reason, the United States is not willing to “help” the CCP in sending them back.
Liu Chunbao:”All CCP officials are corrupt. The party always says that it will punish corrupt officials. That is simply to keep its image in front of Chinese people. Are there any innocent CCP officials at all? So-called corrupt officials are only targets in the power struggle. Discipline inspection organs never do their real jobs. The winners are always those with power. That’s why Zhou Yongkang was able to embezzle that huge amount of money.”
Yu Hua recently wrote an article for the New York Times titled “Follow the Money, China-Style”. In his article, Yu questioned “why large-scale monetary inflation has failed to trigger price inflation?” Yu wrote that one professor of literature has coined a term called “the economics of corrupt officialdom.” “The professor estimates that as much as 50 percent of the surplus money supply may have been taken out of circulation”, and that’s why price inflation does not happen.
Yu also said “but I have no doubt that the total of stolen cash is big enough to play a role in curbing price inflation at a time of monetary expansion”. “Like most Chinese, I am sure that those officials who have been brought to justice represent the tip of an iceberg of kickbacks and bribes.”
Liu Chunbao:”Now the exchange rate is one dollar for only over 6 Chinese Yuan, compared to around 10 in the past. Without depreciation of its currency, China cannot develop its economy well. The CCP printed billions of money each year and prices will continue to increase in China. There is no doubt that corrupt officials own a lot of cash in hand. They mostly buy and sell land or foreign homes for money laundering.”
Yu Hua further said “Of course, ‘the economics of corrupt officialdom’ can’t stop prices from rising”. “That is one change ordinary Chinese have become very conscious of in recent years: Everything is getting more expensive — only the money gets cheaper.”
Zhu Ruifeng:”Chinese people have no voting rights and the CCP can print money at any time. Our people work extremely hard for years to make some savings, but all these can be lost overnight with the party printing a lot more money. The party won’t allow Chinese to become rich as they will seek freedom with more wealth. How many times have prices increased in 40 years? In my memory beef used to be 0.8 Yuan per half kilo but now it is over 60 Yuan per half kilo.”
There are reports saying CCP corrupt officials preferred the US as the best place to flee to. But there has yet to be reliable data about how many CCP officials have escaped to the US. The CCP authority estimated that there are 1.18 million “naked officials” in China and more of them will escape to the US in the future.
The term “naked officials” refers to Chinese Communist Party officials who stay in mainland China while their wives and children reside abroad.