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Graft is not good for China's growth
News, Tom Orlik, Published on 29/06/2016
ยป Some critics dismiss President Xi Jinping's massive anti-graft campaign as a political witch hunt directed at his enemies. Others have a different complaint: They argue that bribes and favours have historically served as the grease in the wheels of China's growth. By disrupting the traditional flow of business, they contend, Mr Xi's graft enforcers have brought the country's economic engine grinding to a halt.
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