He is a Party member—a billionaire. That is all I know about him.

If this is true that this is all you know, you would probably benefit from the teaching of Chairman Mao: No investigation no right to speak.

If you had investigated you would have found that while true that due to the failings of Jiang and Hu a handful of capitalists were given party membership, that in reality it is in name only and they hold no power.

The one and only time they tried to exert power by pushing to loosen banking regulations, so they could offer consumer micro loans, the party made them disappear and restructured the company. Foreign capitalists cried about this for years because it showed the truth, capital has no real power in China.

Also since 2014 the faulty lines of Jiang and Hu are being corrected.