are owned by children of high ranking officials. High ranking officials in this context refers to those working as or retired from working as leading cadres in the central and provincial-level governments (Jones 2007; Children 2006).展开全文 原微博
Children of high ranking officials also control thirteen out of the fifteen largest construction companies in the city (the other two are state firms). In neighboring Jiangsu Province, all twenty-two of the largest real estate companies and the fifteen largest construction firms展开全文 原微博
The twelve largest real estate developers in Guangdong Province are reported to be the children of high ranking officials. In Shanghai, nine out of the ten largest real estate developers are said to be the children of high ranking officials.展开全文 原微博