Joe Zhang, author of ‘Party Man, Company Man: Is China’s State Capitalism Doomed?’ shared his insights on the private-sector corruption in China: What is wrong with China’s private sector? Most privately held businesses are still too small, too inexperienced and too fragile to succeed. Many are opportunistic concerns that trade for a few months or […]
Tag Archives: corruption
A spreading anti-corruption crackdown launched by President Xi Jinping snared its most senior figure when a former top Chinese general was expelled from the ruling Communist Party to face bribery charges. China expert Willy Lam shared his insights in this recent CBS News interview: The latest people expelled from the party were close to Zhou, […]
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