You are here

Can China's economy function without corruption, some wonder

With officials fearful to make decisions and not used to a system that runs without bribes, projects are stagnating and the economy is taking a hit

BT_20150213_SYCCP13_1514195.jpg
"Xi (above) has taken away their cheese without offering anything in return. They're saying: 'If you don't allow us to have a comfortable, corrupt life, we are not going to work for you." - Minxin Pei, director of the Keck Center for International and Strategic Studies at Claremont McKenna College

Beijing

AS China moves into the third year of its far-reaching anti-corruption campaign, experts and officials are worrying that without the grease of bribes, projects are stagnating and the economy is taking a hit.

Across China, more than 100,000 officials have been disciplined

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom