Deals, payoffs power nation’s vast economic machine
Executive Summary
Chinese President Xi Jinping began his tenure by launching a concerted drive to root out the corruption that has penetrated to the heart of his country’s massive economy. While some observers say Xi’s hand was forced, others fears that the campaign has become a witch hunt. Here's the key takeaway:
A drive to curb corruption risks creating unintended consequences, such as local government paralysis.
DOI: 10.1177/237455680220.n7