Her father classmates with Jiang Zemin (look, mom, the Shanghai gang).
As China was emerging from decades of turmoil in 1984, the Chao family took a stake in a state-owned Chinese manufacturer of marine electronic equipment, documents show. The company targeted sales to China’s military, among other sectors, and was closely affiliated with a ministry run by Mr. Jiang. After Mr. Jiang came to lead the Communist Party a few years later, Mr. Chao met with him at least six times, including in August 1989 in Beijing — inside the party’s secretive leadership compound. Chao family members said they could not recall this investment.