Doing business in China: Crouching corruption, hidden fraud – James Ku

From the International Herald Tribune (link):

Ensconced in a high-rise office suite as a manager at a Shanghai start-up firm, I frequently looked out of my window to watch the frantic activity outside. As construction cranes traced new outlines in the sky and ships carried goods down the river and out to sea, I always had the feeling of sitting in a luxury box at a sports arena, watching the 21st century’s economic main event unfold outside.

 

Unfortunately, the game I came to watch was one of fraud, deception and general incompetence.

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