The term "princeling" was coined to refer specifically to the children of senior leaders of China's Communist revolution - the veterans who joined Mao Zedong on the fabled Long March or were members of the inner circle at the time of the 1949 Communist victory.
Today it is used more broadly to include the offspring of later generations of technocratic leaders - but a distinction remains between them and the truly "Red-blooded" revolutionary families.
Beijing political insiders say that distinction is made sharper today by the aggressive business dealings of the newer generation of princelings and their moves into the hot new field of private equity.
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