How Corrupt Cronyism in China Works Asianometry 162K subscribers Zhou Yongkang was once one of the most powerful people in all of China. When he was arrested for corruption, authorities discovered an extensive system that converted that power and influence into cash.
I recently picked up and read a really interesting paper by Ting Chen and James Kung regarding cronyism in China. You can read the whole thing yourself if you are interested but I wanted to share a few thoughts. It is pretty cool.
Corruption is everywhere. US senators privy to insider info sold all their shares in Feb 2020 ahead of the common men. Then avail themselves to the huge opportunity to buy back again when Wall Street fell to its lows. It is legal ! - legalized corruption.
Nonsense propaganda. US is the most corrupted country, a big bully with all its sanctions, bombing and murdering hundreds of thousands of Muslims in Afghanistan, Iraq, Syria, etc. Investor.com shouldn't publish such gutter news in this portal.
Dear All pinky communists who ignored the fact ...hahahaha Please look at how many corrupted high rank officers being prosecuted & jail in China. How much wealth confiscated by China CPC.
China’s Most Corrupt Official Sentenced to Death | Lai Xiaomin and China Huarong
China Uncensored 1.73M subscribers
This dude had 100 mistress living together! Lai Xiaomin was board chairman and Party chief of the state-owned asset management company China Huarong. But he's been given the death penalty for being the most corrupt man in China. Investigators literally found 3 tons of bribe money in his home. Everyone in the Chinese Communist Party is corrupt. Not everyone gets punished for it
12 Details of the Communist Party's Celebration Reveals Weakness | CCP100 | Xi Jinping | China
China Observer 169K subscribers
This July 1st, the 100th anniversary of the founding of the Communist Party of China (CPC), was celebrated in a very high-profile manner in Beijing, but at the same time, there were many unusual signs that suggest Beijing was divided and that the Communist Party, led by Xi Jinping, is in crisis.
China's REAL military power (Part 1): "Giving Navy the Priority" is SUCCESS or FAILURE?
China Observer 169K subscribers
According to the U.S. military website Global Firepower, China's military is ranked third in the world in terms of overall military power because of the huge numbers in various categories. To be sure, the Chinese military maintains a large monetary figure. However, since the Chinese military is under the leadership of the Chinese Communist Party, it is perhaps one of the most wasteful militaries in the world, due to corruption with the Party. Therefore, it is doubtful that China's real ability to fulfill its military strategy will ever reach the top three in the world.
China's vast territory and a large number of neighboring countries make defense difficult. The more sensible military strategy should be to ensure homeland defense first, then to develop effective counterattack capabilities and gradually seek a balance between offense and defense. China's 2019 defense white paper writes that "with more than 22,000 km of land borders and 18,000 km of mainland coastline, China has the largest number of neighbors, the longest land borders, and one of the most complex maritime security environments in the world." It is clear that China's professional military departments were aware of the importance of defense. However, the Chinese military follows the orders of the Chinese Communist Party and puts political correctness first. I wonder which Communist Party leaders have developed and implemented the opposite strategy for the Chinese military, disregarding the long land borders and rushing to move from a land power to maritime power.
The PLA’s Biggest Corruption Scandal Asianometry 162K subscribers
Xu Caihou is one of China's big "tigers", the prize of Xi Jinping's anticorruption. If Zhou Yongkang showed that even being a member of the Politburo Standing Committee did not protect you from prosection, then Xu's fall showed that it goes the same even for China's powerful military.
The People's Liberation Army is the world's largest army and probably its second most powerful. The Party controls it through the Central Military Commission, chaired by China's most senior generals and party members.
Corruption in the Chinese military is a largely unexplored topic. Basically, a state secret. Charging Xu for what he did is characteristic of Xi Jinping's style - shaking up the status quo. In this video, let us look at his rise to power and how he fell from grace.
So when China take action against terrorists inside China it is called genocide.
Then what will you call US "War on Terror"?
According to a 2021 study conducted by the Watson Institute for International and Public Affairs, the several post-9/11 wars participated in by the United States in its war against terror have caused the displacement, conservatively calculated, of 38 million people in Afghanistan, Pakistan, Iraq, Libya, Syria, Yemen, Somalia, and the Philippines; 26.7 million people have returned home following displacement.[45] The study estimated these wars caused the deaths of 897,000 to 929,000 people, including over 364,000 civilians, and cost $8 trillion.[46][47]
The notion of a "War on Terror" was contentious, with critics charging that it has been used to reduce civil liberties and infringe upon human rights,[48] such as controversial actions by the U.S. including surveillance, torture, and extraordinary rendition, and drone strikes that resulted in the deaths of suspected terrorists as well as civilians.[49][50][51] Many of these actions were supported by other countries, including the 54 countries that were involved with CIA black sites,[52] or those that helped with drone strikes.[53] Critics accuse participating governments of using the "War on Terror" to repress minorities or sideline domestic opponents,[54][55] and have criticized negative impacts to health and the environment, resulting from the "War on Terror".[56][57][58] Critics assert that the term "war" is not appropriate in this context (much like the term "war on drugs") since terror is not an identifiable enemy and it is unlikely that international terrorism can be brought to an end by military means.
Sslee (& all others ID used by you) why you so concerned about evil in USA. Are you a Chinese or now citizen of USA ?
For me, I don't care about past or present evil did by past or present government of USA. Under their system if government did evil thing the citizens of USA will ratify its by voting another person.
But this can't happen in a authoritarian country like CHINA where freedom of opposition voices will be cracked severely.
Most of all I concern about CHINA much more than USA.
For you info LOGICALLY an evil will always be evil doesn't matter whether committed by USA or CHINA. Similarly its does not matter whether committed by Sslee, CharlesT, qqq3333 or yewkin33... All the same it is evil deeds.
Posted by Trader2 > Feb 5, 2022 3:29 PM | Report Abuse
By any standards, Bolehland is a lot more fcuked up, racist or corrupted than many countries in the world... including China!
Answer : We are fail nation! 2nd most racist in the world! As for China, i mean, you think democrazy is the only system in the world! Heck, even european nations mostly socialist!
Uncensored! You are like me before! Looking outside the window! Try looking at the mirror first! You can't change China from the distance! It's up to the 1.5 billion in China to change! You think democrazy is the best formula for China! Yeah, next thing you know, the triads dominant the scene! Corruption goes out of control! China turn upside down with chaos all over! Is that what you want!
Tobby, please bear in mind that communist don't believe in God. hahahaha
Anyway I would be an idxot if I believed that by posting CPC dirty laundry here will change the CPC world in China...
Am I sooO... stupxd to think like that... or are that stupxd to think sooOO.
I posted CPC dirty laundry here just to irritate SMALL GAS little pinky communists in Malaysia for FUN. I don't believed that they could changed so easily as their brain already brainwashed by PINKY ideology.
Weird thing is, Zakar Naik can't speak malay but those dumbass seems to understand his indian english very well! Or maybe they just pretend to understand!
Uncensored! Actually, it's you who are brainwashed by the white media! I know because i was like you before! It's not that i fancy CCP! I don't! But i think we should let China be! It's non of our business to intervene! It's like minding others business which is non of your business!
Qqq! CCP has bad track record! Chairman Mao was the most dumbass of them all! Chairman Toad was darling of US! However, Chairman Deng was the most thoughtful, the real China leader that change China for the better!
Hahahaha uncensored do you think if you told repeated lies about me it will become true.
Just to put the record straight I only use One ID and that ID is the short-form for my name Lee Soon Sheng. So uncensored how many ID do you have and what is your name?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by uncensored > 2022-02-03 14:14 | Report Abuse
How Corrupt Cronyism in China Works
Asianometry
162K subscribers
Zhou Yongkang was once one of the most powerful people in all of China. When he was arrested for corruption, authorities discovered an extensive system that converted that power and influence into cash.
I recently picked up and read a really interesting paper by Ting Chen and James Kung regarding cronyism in China. You can read the whole thing yourself if you are interested but I wanted to share a few thoughts. It is pretty cool.
https://www.youtube.com/watch?v=wUVOJBqt3sk