For businesses in China, a minefield ...

For businesses in China, a minefield of bribery risks

There are 35 comments on the Reuters story from Apr 30, 2012, titled For businesses in China, a minefield of bribery risks. In it, Reuters reports that:

Passengers reflect on a glass wall as they walk inside terminal 2 of Shanghai Hongqiao International airport on its first day of operation, March 16, 2010.

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RayH

Shenzhen, China

#26 Jun 15, 2012
Cow Dung wrote:
<quoted text>
Your voice now seems at behind the door.
As a matter of fact, bribery is a common business conduct in entire Asia
Worse in India than in China.

“Is better than Dogma”

Since: Mar 09

Peking Duck University

#27 Jun 15, 2012
RayH wrote:
<quoted text>
Worse in India than in China.
Proof ?

Indi dont eat fetus soup but sure they are poor as same as China.
RayH

Shenzhen, China

#28 Jun 16, 2012
Cow Dung wrote:
<quoted text>
Proof ?
Indi dont eat fetus soup but sure they are poor as same as China.
Look on the 2011 Transparency International World Corruption Index. China's 75, while India's 95.
Sardar

Calicut, India

#29 Jun 16, 2012
RayH wrote:
<quoted text>
Look on the 2011 Transparency International World Corruption Index. China's 75, while India's 95.
Actually, the relative positions tell a very different story. It is most astonishing that even with the most stringent laws against corruption and bribery, where even capital punishment is meted out to the corrupt, China is not much ahead of India-- where the present day laws and system are inadequate to curb corruption and where corruption cases drag on indefinitely in the courts, proving to be a boon for the corrupt.

So is it really something that the Chinese can be proud of ? And what would improve the state of affairs in China? I know what could in India. And more importantly, the question to be pondered is whether the Chinese are so much corrupt that they are willing to even risk their lives for a few band of notes....?

Perhaps oldman fargo should go around telling "I have not met a Chinaman who was not corrupt and venal...". What do you say oldman?
RayH

Shenzhen, China

#30 Jun 16, 2012
Sardar wrote:
<quoted text>
Actually, the relative positions tell a very different story. It is most astonishing that even with the most stringent laws against corruption and bribery, where even capital punishment is meted out to the corrupt, China is not much ahead of India-- where the present day laws and system are inadequate to curb corruption and where corruption cases drag on indefinitely in the courts, proving to be a boon for the corrupt.
So is it really something that the Chinese can be proud of ? And what would improve the state of affairs in China? I know what could in India. And more importantly, the question to be pondered is whether the Chinese are so much corrupt that they are willing to even risk their lives for a few band of notes....?
Perhaps oldman fargo should go around telling "I have not met a Chinaman who was not corrupt and venal...". What do you say oldman?
Go look up the 2011 Transparency International world corruption index. Like I said, China 75 versus India 95. That speaks for itself.
Sardar

Calicut, India

#31 Jun 16, 2012
RayH wrote:
<quoted text>
Go look up the 2011 Transparency International world corruption index. Like I said, China 75 versus India 95. That speaks for itself.
Yeah, that speaks for itself, even the fear of death doesn't dissuade Chinamen from the lure of illgotten wealth. Maybe nothing will.
RayH

Shenzhen, China

#32 Jun 16, 2012
Sardar wrote:
<quoted text>
Yeah, that speaks for itself, even the fear of death doesn't dissuade Chinamen from the lure of illgotten wealth. Maybe nothing will.
And the fear of coming back as a cockroach isn't helping in India.
MyOpinion

New York, NY

#33 Jun 16, 2012
DueDiligenceTactics wrote:
Chinese Stocks have gotten their butts kicked the past two years. Think there may be a rebound - http://www.duediligencetactics.com
It indicates that China is not heaven for the rich.(did you not see what is going on in US?)

Why are you so happy ? a SB?
JUSTICE PREVAILS

Brooklyn, NY

#34 Jun 16, 2012
MyOpinion

New York, NY

#35 Jun 16, 2012
Sardar wrote:
<quoted text>...
Perhaps oldman fargo should go around telling "I have not met a Chinaman who was not corrupt and venal...". What do you say oldman?
No, maybe you should start thinking with your own brain.

http://www.imdb.com/title/tt1645089/synopsis
[Quote]
A major theme is the pressure from the financial industry on the political process to avoid regulation, and the ways that it is exerted. One conflict discussed is the prevalence of the revolving door, whereby financial regulators can be hired within the financial sector upon leaving government and make millions.
[/quote]

Media doesn't talk, then you don't know, right ?
Dooky

Beijing, China

#36 Jun 16, 2012
The business world in China today is a quagmire of bribery and corruption. That's the simplest and most profound way to state it. And that's really all you need to know.

But to make matters worse, the Chinaman will attempt to save-face by sanctifying all of it in the name of 'guanxi'. There is no civilization (?) in this world's that is more full of pure shit than China.
MyOpinion

New York, NY

#37 Jun 16, 2012
Dooky,

You should ask why the "free" media keeps their mouths shut about

[Quote]
A major theme is the pressure from the financial industry on the political process to avoid regulation, and the ways that it is exerted. One conflict discussed is the prevalence of the revolving door, whereby financial regulators can be hired within the financial sector upon leaving government and make millions.
[/quote]
U BEGGARS WITH BIGMOUTHS

Los Angeles, CA

#38 Jun 17, 2012
Sardar wrote:
<quoted text>
Yeah, that speaks for itself, even the fear of death doesn't dissuade Chinamen from the lure of illgotten wealth. Maybe nothing will.
^ lol....stinky Indian trying to pretend things are better in India vs China...
U BEGGARS WITH BIGMOUTHS

Los Angeles, CA

#39 Jun 17, 2012
Americans trying to pretend corruption in America did not almost destroy in in 2008
U BEGGARS WITH BIGMOUTHS

Los Angeles, CA

#40 Jun 17, 2012
btw in 2011 when your Federal Reserve had to buy 61% of the treasury debt issued by the Treasury

...

thats fraud

good thing is you probably will be dead when your Children and their Children will have to foot the bill...

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