China Market Intelligence

March 21st, 2018
By Jack Kamensky

China has created a new agency with broadened investigatory authority to streamline anti-corruption efforts. On March 11, China’s legislature, the National People’s Congress (NPC), passed constitutional amendments that cemented the status of the National Supervisory Commission (NSC) in China’s legal framework. A little more than a week later, on March 20, the NPC passed the Supervision Law, which outlines the commission’s duties and powers. Based on recent trends in corruption...

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...