Corruption in China

by | Sep 10, 2021 | Homework Help

Reply to/ do not summarize in 175 words Corruption in China China is distinct as corruption in the country takes its form in “profit-sharing” activities, as opposed to other countries where the corruption is focused more on “rent-seeking”, which can be seen in India. An example of this is when local governments create partnerships with local businesses in a “guanxi social circle network”, which is an informal social institution who maintains a circle of benefits that is the main objective for those involved in the corruption. “Guanxi” is “relationship” in Chinese. Reference: Zuniga, Nieves  (April 10, 2018). China: Overview of Corruption and Anti-Corruption. https://knowledgehub.transparency.org/assets/uploads/helpdesk/Country-profile-China-2018.pdf

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