Graft or Growth in China?
Chinese President Xi Jinping’s anti-corruption campaign, which has already brought down many high-ranking “tigers” in the government, has been widely touted as a key component of the deep structural reforms that China needs if it is to build a more sustainable, inclusive, and market-based economy. But worries abound that, in a country where government officials play a major role in promoting economic growth, rooting out corruption might undermine prosperity.
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