China’s Communist Party officials warn against gambling during World Cup amid fears of capital outflow

It’s no secret that many Chinese Communist Party (CCP) officials are keen on gambling during the World Cup, and at this year’s FIFA tournament, China’s top discipline watchdog said gambling was ruining young cadres. I warned you that

November 24 article of the National Supervisory Commission of the Central Discipline Inspection (CCDI) clearly Several cases of gambling involving young party officials born in the 80’s and 90’s and warned against such practices.

But Chinese analysts have asked whether CCDI’s warnings are out of concern for younger executives and other interests. Chinese current affairs observer Lu Tianming believes the CCP is worried about losing money.

“this [the CCP] While I’m not too worried about what will happen to these officials themselves, I fear that large amounts of money will flow out of the country and accelerate the regime’s collapse.

β€œThe Chinese government does not want hundreds of billions and even trillions of dollars flowing out of China through casinos every year. It is actually money laundering in the form of cadres We collude with casinos to transfer funds and money this way,” he said.

“This is one of the most important reasons why the Chinese Communist Party has taken this issue more seriously and called on the public not to gamble.”

Party members’ soccer gambling tendencies

The young executive named in the warning was allegedly an online gambling participant as well as an offline gambling game organizer. Some even profit from recruiting gamblers.

according to In response to CCDI, Hunan official Li Gaofeng posted information on betting sites on Chinese social media WeChat and QQ to recruit gamblers and use them to pay off football gambling debts.

Zhang Yu, general manager of an investment firm in Yuxi, Yunnan Province, was accused of organizing football gambling on the European Cup and World Cup and settling bets via WeChat.

Another case is Mr. Cheng Ke, the fourth-ranked police chief of the Public Security Bureau of Nanning City, Guangxi Province, who lost all his savings and home due to football betting and incurred a large amount of gambling debt. To pay off his debt, he approached a traffic offender and took a bribe in exchange for not revoking his driver’s license.

Epoch Times photo
People walk past a TV screen showing a 2014 Football World Cup-themed match outside a shopping mall in Beijing on June 30, 2014. (Greg Baker/AFP via Getty Images)

Official gambling charged huge sums

In October 2014, the Central Committee announced A list of so-called “public gambling” accounts has revealed for the first time the involvement of Chinese Communist Party cadres in gambling, according to state-run CCTV.

According to state media, authorities investigated 6,122 gambling cases involving 7,162 party officials and cadres across the country.

Gambling actors were found in more than 30 provinces and municipalities, with the highest number in eastern China’s Zhejiang province, followed by the southern coastal province of Guangdong.

Many of the gambling cases CCDI noted involved high-profile public figures and large sums of money, adding that gamblers faced serious consequences.Disciplinary cadres of Guizhou province Said At the time, tens of thousands of dollars were involved in some poker games that authorities considered “small stakes.”

According to state media, the past two decades have seen an increase in the number and percentage of cases of gambling investigated and punished by authorities, as well as cross-border gambling and embezzlement of public funds.

Gambling Capital Flows Abroad

article It was published On July 11, 2014, state media’s Chinese court said that during that year’s World Cup, the number of gamblers had grown exponentially, and the number of illegal gambling websites outside of China had also doubled.

According to this article, many offshore gambling companies are looking for agents on the mainland, resulting in the emergence of gambling agent sites across the country and the outflow of large sums of money from China.

Wang Xuehong, executive director of the Public Welfare Lottery Institute at Peking University, said after research and investigation, the ratio of illegal gambling gold to lottery gold in China is about 10 to 1 every year, according to the Chinese court. I was.

β€œIn 2008, lottery ticket sales in China were about 105.9 billion yuan (about $15.2 billion then). billion), and the portion of it that has been wagered on underground gambling is staggering,” said Wang.

Jessica Mao


Jessica Mao is a writer for The Epoch Times, covering China-related topics. She started writing her Chinese version in 2009.

Lin Shu