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Widespread Corruption in China’s State-Owned Enterprises

Oriental Outlook, a weekly magazine under Xinhua News Agency, just published an article about widespread corruption in state-owned enterprises. According to Professor Lin, “an anti-corruption scholar” from the Department of Politics and Law at the Party School of the Central Committee of the C.P.C. (Communist Party of China), “An important reason behind the corruption in state-owned enterprises is the excessive power that top leaders hold. Without any effective system to monitor them, they can make major decisions arbitrarily.”  

Source: Oriental Outlook, April 18, 2011