imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Subscribe Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

CopWatch LA

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List





IMC Network: www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech
printable version - js reader version - email this article - view hidden posts - tags and related articles

How corrupt is China's Communist government: state commerce, finance, trade, jobs, law

by globalization, politics, management forum Tuesday, Mar. 31, 2009 at 8:20 PM

Is China's runaway corruption to bring a sudden collapse? Is global financial crisis impacting China? Is a runaway government corruption destroying Chinese economy and peace? What is really behind Chinese finance, politics, trade, politics and society? Has China's ongoing reform altered the nation's political-economic landscape as far as government corruption is concerned? What is the next if this corruption goes deeper? Get the powerful and insiders' reports on Chinese politics, government amid global financial meltdown.

analysis and forecasting: China's coming collapse: corruption, finance, trade, outsourcing, politics, leadership, government, law, and society

Has China's ongoing reform altered the nation's political-economic landscape as far as government corruption is concerned? What is the next if this corruption goes deeper?

A compelling new report says that runaway corruption in China 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 government officials, are said to be rampant.

Pei Minxin (裴敏欣) wrote the report issued last month by the Carnegie Endowment of International Peace, based in Washington. Pei is a political scientist educated at the Shanghai International Studies University. He earned his PhD at Harvard and his work has been widely published in the US.

The report asserts that corruption in China "has spillover effects beyond its borders" that hurt US, Japanese and other foreign investors.

"Illicit behavior by local officials could expose Western firms to potentially vast environmental, human rights and financial liabilities," the report says.

Public statements by Chinese President Hu Jintao (胡錦濤), Premier Wen Jiabao (溫家寶) and other senior Chinese officials suggest that China's leaders are well aware of the widespread problem but have been unwilling to curb it.

The report says: "The odds of an average corrupt official going to jail are at most 3 out of 100, making corruption a high-return, low-risk activity."

If Hu comes down too hard on corruption, he risks losing support of the delegates at the recently held party Congress who elected him. Those delegates are drawn largely from party officials at the local and provincial level.

Pei is not alone in assessing corruption in China. George Zhibin Gu ( 顾志斌), an investment banker who was educated at Nanjing University and earned a doctorate at the University of Michigan, has suggested that corruption may destroy China's economy, which has been growing at 8 percent to 10 percent a year. In the West, a 3 percent growth rate is respectable.

Much more systematic analysis and information is contained in Gu's two new books: 1. China and the new world order: how entrepreneurship, globalization, borderless business are reshaping China and the world; 2. Chin's global reach: markets, multinationals, globlization. Gu is based in Guangdong, China. His two books contain field investigations and a number of interviews with Chinese officials, business managers, farmers, scholars and researchers. There are surprising findings throughout the work.

Moreover, China's Xinhua news agency frequently details specific instances of corruption. Last week, the Chinese government was reported to have banned fire department officials from receiving sexual favors from companies seeking their protection.

Scrutinized through a wide-angle lens, corruption is just at the forefront of the internal ills that jeopardize China's economic and political strength. Unemployment and under-employment, in which a worker has only one or two days of work a week, may be over 25 percent. Paradoxically, China has begun to experience shortages of the skilled labor needed for its expanding industries. Economic progress has been uneven, with coastal cities leaving the rural interior far behind.

"Corruption in China is concentrated in the sectors with extensive state involvement," the Pei report says.

That includes construction of dams, roads and electrical grids. The sales of land or granting user rights are susceptible, as are financial services and heavily regulated industries.

"The absence of a competitive political process and a free press in China makes these high risk sectors even more susceptible to fraud, theft, kickbacks and bribery," the report says.

Pei cites a study done last year asserting that about half of those engaged in corruption were involved in infrastructure projects or land transactions.

Even so, the report says: "Beijing punishes only a very small proportion of party members or government officials tainted by corruption."

US, Japanese and other foreign investors may be put at a competitive disadvantage by rivals who engage in illegal practices to win business in China, the report says.

"Corruption puts Western firms' intellectual property rights particularly at risk because unscrupulous local officials routinely protect Chinese counterfeiters in exchange for bribes," it says.

While the report doesn't say so, US firms that pay bribes may violate the US Foreign Corruption Practices Act of 1977 that forbids kickbacks and bribery abroad, no matter what the customs of other nations.

The report also says: "Corruption in China affects other countries through the spread of cross-border crimes such as drug trafficking, human smuggling and money laundering."

But what is really behind China's deadly corruption? Pei is short on this deeper issue, but George Zhibin Gu in his books pinpoints on the root-causes: "unlimited bureaucratic power, which is based on cults and terror, is the root-cause of this ongoing China's corruption. And as long as this bureaucratic power remains in place, corruption can hardly be contained in any practical way."

Report this post as:
Share on: Twitter, Facebook, Google+

add your comments


Local News

May Day March in Riverside M02 10:35PM

Nuclear Shutdown News: April 2017 M02 4:38PM

Jewish “Defense” League: Nazis in Skull-caps A07 11:13AM

Nuke Shutdown News 3/17 A01 4:13PM

RELATIONS STILL STRAINED BETWEEN SOUTH LOS ANGELES RESIDENTS AND THE POLICE M22 3:22PM

Elect a Green to Congress in Los Angeles M15 2:18AM

Prop. H Activists March on Hollywood to House and Help the Homeless M01 1:46PM

Prop. H Activists March on Hollywood to House and Help the Homeless M01 1:09PM

Prop. H Activists March on Hollywood to House and Help the Homeless M01 12:19PM

24TH ANNUAL LOS ANGELES WOMEN’S THEATRE FESTIVAL HONORS COMPOSER MEGAN CAVALLARI ON MARCH F24 2:40PM

Activists Mark 150 Years Since Chimney Rock Massacre F21 7:00PM

Indivisible local events F16 4:07PM

Help Wanted: How You Can Act Locally To Stymie Trump’s Agenda F16 11:24AM

RACE RELAY - race relations dialogue F16 7:01AM

LA County Greens Oppose S F09 8:52PM

Our Revolution L.A Organizing Meeting F08 12:23AM

First We Marched. Now We Huddle F06 10:54PM

Indigenous, Sacred Lands Disrespected at L.A. Women's March J24 1:52PM

Massive Women's March Los Angeles Tells President Donald Where To Go J23 8:22PM

Massive Women's March Los Angeles Tells President Donald Where To Go J23 8:00PM

Massive Women's March Los Angeles Tells President Donald Where To Go J23 7:42PM

More Local News...

Other/Breaking News

Punishing the Poor. The Neoliberal Government of Social Insecurity M24 6:16PM

Israeli Jews Say, It’s Our Jerusalem! M23 7:32PM

UN Forum Focuses on Financing for Development Goals M23 9:33AM

Learning from History: Resistance in the 1850s and Today M22 12:27PM

“Hegemony How-To”: Rethinking Activism and Embracing Power M22 12:24PM

Neoliberal Austerity Leads to Deeper Crisis M22 6:14AM

Violence abiotique de l'économie M21 11:42PM

Dr. Maryse Narcisse of Haiti Visits Southern California M20 5:55PM

The Shortwave Report 05/19/17 Listen Globally! M18 5:00PM

STO Service du Travail Obligatoire M18 6:45AM

Puerto Rico Religious Leaders Write Judge as Bankruptcy Process Begins M17 6:54AM

Puerto Rico Bankruptcy Process Begins M16 3:12PM

This Week in Palestine, May 5, 2017 M16 10:47AM

Paying More for Being Poor — Bias and Disparity in California’s Traffic Court System M16 10:39AM

Oakland Committee Voting On Ending Secretive Surveillance M16 10:24AM

WAR, IMPERIALISM, AND SYRIA: MARXIST-HUMANISTS RESPOND M15 8:13PM

Zoopharmacognosie ou les animaux humains et non humains M15 10:39AM

Become a Solidarity Person M15 4:20AM

USA in peril M14 2:21PM

New pamphlet: Marxism and Women's Liberation M14 10:46AM

The Moorish rule in Spain/How the Moors brought civilization to Europe M14 9:00AM

April 2017 Honduras coup update M13 6:29AM

Consumer Bureau Escapes Congress Action to Remove Prepaid Rule M12 4:12PM

Puerto Ricans Gather at Diaspora Summit as Island Begins Bankruptcy Process M12 8:14AM

A Generation is Lost M12 4:18AM

The Shortwave Report 05/12/17 Listen Globally! M11 4:51PM

Paraphysique de l'anomie M11 6:08AM

Police shootings 2017 database - Washington Post M10 4:59PM

More Breaking News...
© 2000-2003 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy