Relations With Deng Xiaoping
Yu was friends with Deng Xiaoping and his family. After Deng left politics, Yu served as his family’s proxy within the Chinese government.
“Yu Zhengsheng is the Deng family’s representative in politics,” said one person close to the Deng family.
That relationship was tested in the late eighties, when Deng began a crackdown on corruption. Deng’s son, Deng Pufang, had a business called Kang Hua. That company gave money to a welfare fund which Deng Pufang controlled. In addition, the company used tax exemptions to make the donation. Yu was really close to Deng Pufang.
“Yu Zhengsheng had very close personal relations with Deng Pufang,” said one observer.
Yu handled the situation. He closed Kang Hua but he prevented the scandal from causing the Deng family too much misery.
Read more about this topic: Yu Zhengsheng
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