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Central News Agency: The Corruption in Chinese Business World Is Forced

The Central News Agency reported that China palms corruption chaos off on multi-national corporations. In fact, Western companies had been forced to submit to the Chinese system of corruption. Peter Navarro, a professor at the School of Business at UC Irvine, said, “In China, because of corruption, multi-national corporations are in a dilemma. Corruption in China has become a part of people’s lives.” Gordon Chang, author of The Coming Collapse of China, believes that Western companies’ submission is rooted in the Chinese Communist Party. He said, “I think in China, large-scale transactions have indeed been full of corruption and the small-scale transactions have been in the same situation. Unfortunately, the Western companies have had to do that also. The Chinese Communist Party (CCP) originally designed the system and hasn’t taken measures to deal with corruption."

Source: Central News Agency, July 26, 2009