China is clamping down on celebrities and rich listers like Zhao Wei, Fan Bingbing, and Jack Ma as it considers as products of Western ideology.
Jamie Seidel, writing in news.com.au said that President Xi Jinping is changing course. He sees the mega-wealthy, supremely popular celebrities as products of Western ideology and wants to impose a new "Common Prosperity" – with Chinese characteristics.
Billionaire actress Zhao Wei has been 'erased' in China and she's just one of a long line of stars who've been banished from China's social media and entertainment platforms, said Seidel.
The Chinese Communist Party (CCP) also 'disappeared' tech billionaire Jack Ma and terminated the public float – issuing of shares – of his wildly successful Ant Group.
In 2018, actress Fan Bingbing suddenly disappeared from her high-profile life without warning.
Last week, television actress Zheng Shuang was fined USD 62 million. She'd allegedly attempted to hide the full extent of her income – a time-honoured tradition in the west, reported news.com.au.
Xi sees the immense individual wealth of entrepreneurs as a source of competing power. The success of many Chinese billionaires risked undermining the Party's core principles.
Xi doesn't like these influential celebrities, rich entrepreneurs. He sees them as dangerous capitalist reefs upon which the great ship the Party-state could be wrecked. So he's spun the helm over, hard, said Seidel.