Archive for the ‘kickbacks’ Category

Chinese corruption

December 2, 2007

By Richard Halloran
December 2, 2007

Runaway corruption in China, says a compelling new report, poses a lethal threat to the nation’s economic development and “undermines the legitimacy of the ruling Chinese Communist Party.”

Evidence from official audits, press articles and law enforcement data, the report says, indicates that “corruption in China is both pervasive and costly.” Bribery, kickbacks, theft and fraud, particularly by party and government officials, are said to be rampant.

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