Mr. Miles Guo: Bin Wang’s Arrest Means Qishan Wang’s Downfall Is a Foregone Conclusion

【Japan Himalaya League】 Author: Youlanzide  Translator: Ranting

Mr. Miles Guo, founder of the New Federal State of China, pointed out in his Jan. 9 Live Broadcast that the arrest of Bin Wang, chairman of China Life Insurance Group, means that the downfall of Qishan Wang, vice president of the CCP, is a foregone conclusion.

On the afternoon of January 8, the website of the State Supervision Commission of the Central Commission for Discipline Inspection of the CCP informed that Bin Wang, Secretary of the Party Committee and Chairman of the Board of China Life Insurance (Group) Company, is suspected of serious disciplinary violations and is currently under disciplinary review and supervisory investigation by the State Supervision Commission of the Central Commission for Discipline Inspection.

In response, Mr. Miles Guo pointed out on his Live Broadcast that Bin Wang is one of the most crucial generals under Qishan Wang, ranking only after Dian Kang, Guoning Tian and Huiyu Tian in terms of importance. Mr. Guo said that Qishan Wang’s power is mainly in the financial sector of the CCP. If the CCP did nothing with Bin Wang, Mingzhe Ma, Wenbiao Dong, Yifei Fan and 11 others, Qishan Wang would be fine. But now, before the 20th CCP Congress, which is the most crucial event in the power struggle between Xi and Wang, Bin Wang has been censored by the Commission for Discipline Inspection, which means that Qishan Wang’s fate is a foregone conclusion.

Image from GNEWS

Mr. Guo also revealed on air that China Life Insurance Group is the most critical platform for funneling money, loans, financing, and notes to the children of the CCP’s top cadres. Bin Wang is the one who takes the hard-earned money of the common people of Communist China to feed these high cadre children.

In addition, Mr. Guo pointed out that Bin Wang himself is extravagant and likes to collect antiques, jade and antique wooden furniture, squandering without restraint the money that ordinary Chinese people spend on insurance. As an example, Mr. Guo said that in 2006, Bin Wang spent RMB 2 billion on precious timber from one timber dealer alone.

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Posted by: Ranting

Disclaimer: This article only represents the author’s view. Gnews is not responsible for any legal risks.

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