Uncovering Corruption

While the PRC waits for its accession  to the WTO, the growing call for transparency in the PRC legal system, combined with the increasing opportunities for graft and outlets for spending illicit proceeds, have brought corruption to the fore. During recent corruption probes, moves by government officials suggest that foreign investors may no longer be exempt from official scrutiny.

Anti-corruption Developments in the Power Sector

The public works, arms and power sectors are reported as the industry sectors in which bribes are most common. Experts note that  construction, procurement and land-use rights transfer phases of large infrastructural projects are some of the most fertile grounds for corruption.  Although recent bidding rules1 were issued to curb such corruption, the law itself and the implementation thereof, leave room for corruption.