Funding families (red families) naturally die out after about three generations when younger members cease participating in politics and pursue other interests (art, fashion, design); the power of red families gradually declined through the 1990s-2000s as their members exited politics or died.
factualpending
Speaker
Yuan FoleyEvidence Quote
“the problem is those families don't last this is the true um Truth for every Dynasty in the past as well because those funding families they will die out right and then usually after three generations you know the children the grandchildren don't go into politics”
Source
Critical Issues Confronting China - Professor Yasheng Huang - November 29, 2023— Fairbank Center for Chinese Studies | Harvard UniversityCreated: 8/11/2026, 1:31:52 AM
My Notes
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