China Market Intelligence

July 22nd, 2015
Dan Markus

Instill fear, strengthen the regulatory framework, and change the political culture—these are the three stages to fighting official corruption, according to Wang Qishan, secretary of the Central Commission for Discipline Inspection, China’s corruption watchdog. After a three-year crackdown and widespread investigations and prosecutions, the Chinese government has in recent months tightened the regulatory screws to deter official corruption. New policies that clearly define government...