In China, party functionaries will be banned from having accounts and property abroad

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In China, party functionaries will be banned from having accounts and property abroad

In China, high-ranking party officials will be banned from holding accounts, real estate, and other expensive property abroad. Restrictions apply not only to officials, but also to members of their families, primarily wives and children. In case of non-compliance with the recommendations, the promotion of officials up the career ladder will be suspended. The internal directive of the Communist Party of China (CPC), after approval at the very top…