CCP Will Collapse in 2-3 Years: Elmer Yuen

Is the CCP struggling to stay afloat as corruption and financial woes beset Beijing.

Members of he Peoples Liberation Army band are seated during the Opening Ceremony of the 20th National Congress of the Communist Party of China at The Great Hall of People on Oct. 16, 2022 in Beijing, China. Chinese President Xi Jinping is widely expected to secure a third term in power. Kevin Frayer/Getty Images

The communist power in Beijing will collapse in two to three years, according to the estimate of Elmer Yuen, a Hong Kong entrepreneur who is now wanted for HK$ 1 million ($127,600) in the city.

The 74-year-old industrialist is now touring around the world campaigning for a Hong Kong parliament that can take over the former British colony after the Chinese Communist Party (CCP) falls.