Power Pressure In The News

by Hal Mooz 21. October 2013 14:42

Chinese billionaire arrested for crossing 'red line' of political activism

In a crackdown on dissent ahead of a crucial Communist Party gathering next month, Chinese authorities on Sunday formally arrested a billionaire venture capitalist who has turned his wealth toward supporting human rights issues.

The detention of Wang Gongquan, who was held on suspicion of disturbing public order, sends a strong signal that China’s new leadership will not tolerate any member of the rising entrepreneurial elite using their resources to agitate for democratic reform.

Gongquan, 52, who made a fortune from real estate and investment management, is one of the first Chinese billionaires to cross a “red line” that forbids the ascendant entrepreneurial class from challenging the Communist party’s supremacy.

Wang is known to be a supporter of the New Citizens Movement, a loose association of professionals and other urbanites advocating free speech and other rights enshrined in China’s constitution. The group, which occasionally organizes dinners to discuss national issues, is also calling for greater government transparency and disclosure of officials’ assets.

http://behindthewall.nbcnews.com/_news/2013/10/21/21065363-chinese-billionaire-arrested-for-crossing-red-line-of-political-activism?lite=

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About Hal Mooz

Engineer, Project Manager, Entrepreneur, Author, Trainer, Lecturer, Thought Leader, Consultant

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