China’s Corruption Crackdown might be weakening China’s entrepreneurial base

[george]

China’s Corruption Crackdown might be weakening China’s entrepreneurial base

You have to hand it to Chinese head honcho Xi Jinping-he delivers on what he promises. After promising a crackdown on corruption, China’s paramount head definitely let the hammer down. It seems nobody is spared from the seemingly relentless crackdown of the Communist Party leadership on erring officials. Everyone from provincial heads to national bureaucrats are feeling the seemingly unstoppable and all-seeing sting of the Central government’s need to clean house.

Full story: http://www.streetwisejournal.com/chinas-corruption-crackdown-might-weakening-chinas-entrepreneurial-base/4250/