Friday, December 31, 2010
Anti-Corruption School and Its Economy Cost
According to the Chinese media in Hong Kong, the Chinese government established a school for anti-corruption northwest of Beijing training 15,000 officials. These officials are going to learn psychology and foreign methods of the anti-corruption. In past 30-years of economic reform, according to the Japanese media, about 4,000 corrupted officials with more than $50,000,000,000 escaped to foreign lands. This amounts to 1,300,000,000 Japanese yen per official. According to Chinese government data, the corruption in China has cost 13% of the Chinese GDP.