Xi Jinping closes golf courses and entertainment venues before election

To date, Chinese President Xi Jinping has closed more than 100 large and small golf courses and a series of luxury entertainment venues because he believes that these are symbols of the political corruption he wants to eradicate.

Xi Jinping's anti-corruption campaign is expanding.

Specifically, according to statistics, since 2011, President Xi Jinping has closed 111 golf courses for illegal use of agricultural land and illegal use of water resources.

Recently, two high-end golf courses at a resort in northeastern China run by billionaire Wang Jianlin's group also closed.

Multiple sources said the two golf courses are located in a resort in Changbaishan. Notably, the announcement forcing Wanda Group to stop operating this resort did not give a reason or how long it would be closed.

This may seem like bad news for Chinese golfers, but it's a testament to something bigger.

First, it is clear that Xi Jinping’s anti-corruption campaign is expanding. He has also eliminated lavish banquets and lavish bribes such as expensive bottles of wine and branded watches that local officials often use. So, golf courses for the upper class have naturally become targets in this anti-corruption campaign of this president.

Besides, Mr. Xi's actions also comply with the law when China banned the construction of new golf courses in 2004, but they continue to sprout like weeds.

So President Xi is just enforcing the law. Of course, this is inconsistent when billionaires, who have more wealth than any Chinese leader since Deng Xiaoping, have a special confrontation with the law.

But perhaps Xi’s main target is billionaire Wang Jianlin’s Dalian Wanda Group, which owns everything from real estate to entertainment. However, Wanda has recently come under pressure from the Chinese government, which is trying to clamp down on overseas investment.

As a result, Wanda has been trying to offload assets under this extreme political pressure. Beijing has gone after billionaire Wang Jianlin at this stage and rumors have since spread that he is not allowed to leave China.

In other words, China's second-richest man appears to have become Xi Jinping's enemy.

According to The Weekly Standard, this comes as the 19th Party Congress begins in Beijing, where Xi will be “elected” for another five-year term. So tough times for travel companies and billionaires are still ahead.

According to Dan Tri