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Economy
In reply to the discussion: Weekend Economists Commemorate the Dark Knight July 25-27, 2014 [View all]xchrom
(108,903 posts)46. China's President Has Only Begun To Take Down The Tigers And Swat The Flies In His Historic Corrupti
http://www.businessinsider.com/chinas-corruption-crackdown-2014-7
China's President Has Only Begun To Take Down The Tigers And Swat The Flies In His Historic Corruption Crackdown
China has investigated over 25,000 people for corruption in the first six months of 2014. Probes into major cases were up 14% year-over-year.
182,000 officials were punished by discipline inspection agencies in 2013, up 13.3% year-over-year.
Remember, Chinese president Xi Jinping came to power on the back of a very ominous message from his predecessor. In late 2012, outgoing president Hu Jintao warned that corruption could prove "fatal" to the Chinese Communist party, and even "cause the collapse of the party and the fall of the state."
Xi, who has been described as "redder than red" took that message to heart. Under his watchful eye, China's anti-graft campaign has gathered steam.
Read more: http://www.businessinsider.com/chinas-corruption-crackdown-2014-7#ixzz38fB9uoRd
China's President Has Only Begun To Take Down The Tigers And Swat The Flies In His Historic Corruption Crackdown
China has investigated over 25,000 people for corruption in the first six months of 2014. Probes into major cases were up 14% year-over-year.
182,000 officials were punished by discipline inspection agencies in 2013, up 13.3% year-over-year.
Remember, Chinese president Xi Jinping came to power on the back of a very ominous message from his predecessor. In late 2012, outgoing president Hu Jintao warned that corruption could prove "fatal" to the Chinese Communist party, and even "cause the collapse of the party and the fall of the state."
Xi, who has been described as "redder than red" took that message to heart. Under his watchful eye, China's anti-graft campaign has gathered steam.
Read more: http://www.businessinsider.com/chinas-corruption-crackdown-2014-7#ixzz38fB9uoRd
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China's President Has Only Begun To Take Down The Tigers And Swat The Flies In His Historic Corrupti
xchrom
Jul 2014
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