Outspoken billionaire Sun Dawu jailed for 18 years in China

https://www.bbc.com/news/world-asia-china-58007515

by dredmorbius • 5 years ago

4 3 5 years ago

new_guy• 5 years ago

With that much money shouldn't he have a private army to protect himself and his family?

He's obviously not a stupid man, but he had to have been aware of what would happen, I don't understand why he wouldn't have been prepared.

huge87• 5 years ago

More context: https://archive.ph/F7WqX

I'd really like to hear an informed take on this, but I think it's interesting the state has so much power over a billionaire. Is it because political/party power > wealth in China?

My Western intuition conflates the two in that wealth generally provides access to power in all its forms, but I can think of a number of times throughout history where the state can requisition personal wealth at will (don't quote me, I'm no history buff).

yann2• 5 years ago

Niall Ferguson's Square and the Tower - power is all about your network. Wealth can most definately buy you a network quick, but those networks are more fragile than established entrenched ones.

Outspoken billionaire Sun Dawu jailed for 18 years in China

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