Property mogul Ren Zhiqiang accused of ‘severe violation of discipline and law’ and being disloyal to the party
An influential former Chinese property executive and critic of President Xi Jinping has been ousted from China’s ruling Communist Party (CCP), according to a notice from the Beijing district government.
Ren Zhiqiang, the former chairman of state-controlled property developer Huayuan Real Estate Group, had called Xi a “clown” over a speech he made in February about government efforts to battle the coronavirus.
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