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Posts tagged "Corruption"

Did China Really Lose $3.75 Trillion in Illicit Financial Flows?

by and Nicholas Borst | January 10th, 2013 | 03:20 pm

A recent report from the think tank Global Financial Integrity (GFI) identifies China as the largest source of illicit financial flows in the developing world. The report, Illicit Financial Flows from China and the Role of Trade Misinvoicing, identifies $3.75 trillion in illicit outflows during between 2000 and 2011. The possibility of trillions of dollars [...]

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Why Soccer Is a Lot Like the Stock Market In China

by | January 3rd, 2012 | 02:30 pm

The Economist had a great article last month on why professional soccer in China continues to face so many problems. Despite a tremendous amount of interest in the game, Chinese professional leagues have struggled to succeed. Game fixing and institutionalized corruption have undermined belief in the fairness of matches. Fans have become disgusted with the [...]

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