oligarch /ˈɒlɪɡɑːk/ An oligarch is a very wealthy and powerful individual who uses their vast financial and business resources to directly influence a country’s government and political landscape. The word stems from the Greek term oligarchia, which translates to “rule by the few”.

Yes, I agree with you about the term "oligarch." I never mentioned Ma's influence on the state, though; I talked about the workers and how Ma made his billions.

And I don't know about China, but in the USSR, all party workers were a priori involved in government activities.

I suppose China also has "party meetings" at various levels, where party workers make key decisions by voting. At these meetings, such a distinguished and distinguished figure surely enjoys considerable authority. Or am I mistaken?

They have no power they are not oligarchs. There are no oligarchs in China only a bourgeois element that is shrinking year on year that holds no real power.

Yeah, I've heard about that, but right now China is second in terms of billionaires after the US.