Landlords — had their land confiscated and they were subjected to mass killing by the CCP and former tenants, with the estimated death toll ranging from hundreds of thousands to millions.
You can fight civil forfeiture and not risk having your family sent to a work camp in the US.
It’s also politically very unpalatable to use it on businesses. Use it on a business and good luck getting re-elected as a prosecutor / police chief etc.
Is it used to suppress poor brown people? Sure. Is that a good thing? No. But it’s not really a barrier to investment.
https://en.m.wikipedia.org/wiki/Land_Reform_Movement_(China)
Landlords — had their land confiscated and they were subjected to mass killing by the CCP and former tenants, with the estimated death toll ranging from hundreds of thousands to millions.