Understanding China, One Blog at a Time

An American in China

Corruption Getting Worse in China

Posted by w_thames_the_d on February 28, 2014


Coruptistan, aka China is even getting dirtier. Who would have thought it was possible that it could get more corrupt, nut here is proof.

Excerpt
The chamber polled 399 of its American member companies for its annual survey. And while 86 percent said they were either “optimistic” or “slightly optimistic” about their operations in China over the next five years, 69 percent said that corruption is a problem when doing business, the same number as last year, with almost one-fifth saying it is a serious hindrance. Eighty-two percent said the frequency with which they encounter corruption and fraud was at the same or a higher level than the previous year.
http://www.businessweek.com/articles/2014-02-26/american-companies-in-china-cite-corruption-challenges-in-survey

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