The best officials money can buy: China's crony capitalism

Close up 100 Yuan Chinese note

Is President Xi Jinping’s anti-corruption campaign working, or is it simply driving corruption underground? This episode we're joined by Minxin Pei from Claremont McKenna College, who's released a forensic analysis of China's corruption market, with insights gained from an examination of court cases. Among his insights are the fact that 84% of convicted officials were promoted while engaged in corruption, those caught taking bribes had been doing so for an average of nine years, and the higher the level of corruption the longer officials get away with it. Pei not only argues that China has reached the late stage of regime decay, he's even willing to estimate how much longer he believes Communist rule can last.

Image credit: David Dennis, Flickr

Updated:  6 October 2016/Responsible Officer:  Director/Page Contact:  CAP Web Team