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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (6311)8/24/2006 10:53:12 PM
From: RealMuLan  Respond to of 6370
 
Some Chinese scholar estimated that corruption, embezzlement, kick back... result in 15% overstatement in China's fixed asset investment. All those money were "counted" as investment, but actually went into corruptors' themselves pocket.

Here is the link for the Chinese article
news.hexun.com



To: RealMuLan who wrote (6311)8/24/2006 10:53:17 PM
From: RealMuLan  Respond to of 6370
 
Some Chinese scholar estimated that corruption, embezzlement, kick back... result in 15% overstatement in China's fixed asset investment. All those money were "counted" as investment, but actually went into corruptors themselves pocket.

Here is the link for the Chinese article
news.hexun.com