In both the U.S. and China, corruption has evolved over time from thuggery and theft to more sophisticated exchanges of power and profit.
Delegates leave the Great Hall of the People after attending a meeting ahead of the opening session of China's National People's Congress in Beijing, March 4, 2019. Credit: Andy Wong via AP Photos
Even as it grapples with a slowdown, the Chinese economy has come a remarkably long way. Since embracing capitalism in the 1980s, China has leaped from being one of the world’s poorest countries to its second-largest economy. Even more remarkably, it has done so despite a relentless string of corruption scandals. Economist Paolo Mauro calls China a “gigantic outlier” for its combination of breakneck growth and widespread corruption.
Data: International Mone
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On Wednesday Xi Jinping presided over a Beijing military parade celebrating the 80th anniversary of Japan’s World War II defeat. Eighty-eight years ago his mother, Qi Xin, watched Japanese troops march into the city, at the outset of a conflict that would define her formative years and instill lessons she would later pass on to her son.
In an extract from his new book, Breakneck, Dan Wang hops on his bike to explore how China’s problems throw America’s into stark relief. How is it, he asks while biking through Guizhou, that China’s...
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