tài​zǐ​dǎng

princelings (historical)

太子党 太子黨 tài​zǐ​dǎng
princelings (historical)
(literary) a political faction or clique centered around a crown prince in former times
princelings (modern)
The descendants of high-ranking government or business officials who use their family influence to secure powerful positions; often used as a derogatory term for the children of senior Chinese Communist Party officials.