Crossword Genius

Rank he lost in revolutionary Red China (6)

Ross

I believe the answer is:

rancid

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'rank' is the definition.
(I've seen this before)

I cannot understand how the remainder of the clue works.

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(Other definitions for rancid that I've seen before include "Like fat that's gone off" , "Sour - smelling bad" , "(Of butter) stale" , "Sour, rotting" , "Smelly and going bad" .)

I've seen this clue in the Sydney Morning Herald.
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