China’s “fatal problem” is so pervasive that it is exposed even though the Chinese Communist Party (CCP) tries to keep it secret. The leaders refuse to allow government officials’ asset information to be publicly disclosed. This policy is the lock on a fatal problem in China today.
Under the rule of the CCP, many officials exploit their authoritarian power and have made a fortune through bribery and corruption. Today in China, corruption is like a bone cancer to the system. Even the Party itself admits that this will eventually lead to the fall of the Party and the country.
The CCP can easily suppress, arrest, and execute critics with its formidable police and armed forces. It can also distort facts and fiction with its full control of the country’s public media. However, the power of the gun and the media is no longer able to guarantee public conformity.
The leaders are having a hard time holding up against overwhelming public demand for the disclosure of officials’ assets. They’ve been dealing with this matter by arresting the most active critics, such as civil rights activist Dr. Xu Zhiyong, and the famous investor Wang Gongquan Meanwhile, they provide the public with feeble excuses, such as, “Government officials’ asset information cannot be disclosed because the conditions are not ripe.”
Over the years, the Chinese public, as well as foreign observers inside China, have ridiculed this position: Why is it so hard for the officials to publicize their assets? Does “conditions are not ripe” mean that the enormous scale of corruption inside the power system will collapse the regime once the public finds out? This certainly is a fatal problem that the Communist Party has been unable to resolve.