Quote:
Originally Posted by red-beard
I think what Rick is trying to say is that they don't have a tenth of the regulation built up like the western countries. They do have more corruption than most of the western countries, but that is a carry over from the top down type of government.
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I'd say they have more corruption than any western country.
One reason the Chinese economy is slowing is Xi's anti corruption drive. People who normally give and take bribes are getting cautious. That is significantly slowing down the
entire economy! Think about that.