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Friday, February 13, 2015

Combating corruption
As China moves into the third year of its far-reaching anti-corruption campaign, experts and officials are worrying that without the grease of bribes, projects are stagnating and the economy is taking a hit.
Across China, more than 100,000 officials have been disciplined since President Xi Jinping’s anti-corruption drive began, according to the government’s own figures. As a result, many others are sitting on their hands, delaying decisions and failing to grant approvals for investment projects, either out of fear that they could be caught up in a future corruption probe, or because, without a bribe, they simply lack any incentive to act.


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