Yes, I agreed. The corruptions you talked about happen everywhere in
the East Asian countries, not just limitted to China, and it really has nothing to do with whether you are communism or democracy.It is a matter of culture and education. Just look at those currency crisis happed in the S.E. Asian counries, Japan ad Korea of recent, those crisis is really
a result of corruption in their respective banking system. Those bankers just just make loans to their friends , relatives, business partners who do not have the financial capability to pay off the loans
,then dead loans, and crisis of the banks, then the crisis of the currency, the crisis of the anking systems, all pop out !!!! |
