SHOCKER: Rampant Fraud Threat to China

Instapundit » Blog Archive » SHOCKER: Rampant Fraud Threat to China’s Brisk Ascent. “The exposure of Mr. Zheng’s faked cred…

This is what I’ve been waiting for all along… everyone is claiming China has their act together, they have the manufacturing sector, the growth, the MONEY. And yet corruption will leave them bankrupt like everyone else.

Wait and see – a country of that size with a communist government able to eliminate inconvenient checks and balances… and you have a situation ripe for fraud.

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