2026.10.3 (EP59) Paul Hastings partner Jia Yan’s trail leads to the CCP’s top echelon. At Fudan, his debate-team adviser, Wang Huning, went on to advise Jiang Zemin, Hu Jintao and Xi Jinping and now sits on the Politburo Standing Committee. Then comes the Jiang family. One of Oriental DreamWorks’ backers, SAI, was run by Jiang Zemin’s son, Jiang Mianheng.
Miles Guo called them “kleptocrats.” A 2019 complaint filed by Guo family-owned Pangu revealed that the Jiang family amassed over $1 trillion and linked Wang Qishan to the network. When power and wealth merge, they decide who manages the money and who profits from protecting it.
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2026.10.1 (EP58) Paul Hastings was among the foreign law firms expanding in China, but access came on the CCP’s terms. By 2012, 174 foreign firms operated there, nearly half American. They faced government approval, registration, supervision and strict limits on practicing Chinese law. By 2002, Beijing moved to inspect legal work, finances, taxes and Chinese staff.
The bargain: comply, keep access, make money. For firms chasing state-linked clients and billion-dollar deals, political connections mattered. At Paul Hastings, one name surfaced across CMC transactions: Jia Yan, a CCP member who later became Shanghai chief representative.