By the late 1980s, all Elders, including Deng himself, were united in opposition to further political reforms, while holding different views on economic and foreign affairs.
Descendants of the eight Elders who have benefited significantly from nepotism and cronyism constitute a group now known as "the Princelings" or the "Crown Prince Party". Its members, rising through party ranks, can easily overrule any opposition in their jurisdictions, even if they are assigned to a local administrative position. They are often seen to outrank other party officials and possess greater prestige due to their lineage. Bloomberg has reported on the extensive wealth accumulated by these descendants via their roles in various public and private companies.
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"Mapping China's Red Nobility". Bloomberg.com. Graphics: Chloe Whiteaker, Fan Wenxin, Michael Wei, Danny Dougherty and Phil Kuntz. Reporting: Michael Forsythe, Shai Oster, Dune Lawrence, Natasha Khan and Henry Sanderson. Retrieved September 18, 2021.{{cite news}}: CS1 maint: others (link) http://www.bloomberg.com/graphics/2012-mapping-chinas-red-nobility/
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