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Wednesday, May 22, 2013

The Riady's [Lippo Group]

A Chinese banking family based in Indonesia, the Riadys have some $5 billion of business investments closely interlocked with the Chinese government, the Chinese Communist Party, and Chinese military intelligence. When the Riadys wanted property on Wangfujing Street, the most valuable commercial block in central Beijing, they were powerful enough to get Beijing to break China's lease with McDonalds and move America's profitable fast-food outlet to an inferior location.

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