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January 3, 2008
Who owns Mao's millions?
An under-noticed aspect of Mao's personality cult is that it made him millions in royalties from sales of the Little Red Book and other works. His estate is now apparently worth over US$17 million, and the money keeps piling up because the leadership can't figure out who should get it. (A decision of this magnitude is not going to be made by a mere judge.) Jiang Qing apparently made a claim to it - unsuccessfully, of course - as apparently have two of Mao's children. Here's a recent BBC article on the issue. Thanks to China Digital Times for the tip.
January 3, 2008 in Commentary, News - Chinese Law | Permalink
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