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Corruption Threatens China’s Future

a striking report about corruption in China has been recently published by Carnegie Endowment (Policy Brief No. 55).

It says that failure to contain endemic corruption among Chinese officials poses one of the most serious threats to the nation’s future economic and political stability, says a new report from the Carnegie Endowment. Minxin Pei, an expert on economic reform and governance in China, argues that corruption not only fuels social unrest and contributes to the rise in socioeconomic inequality, but holds major implications beyond its borders for foreign investment, international law, and environmental protection.... Protected content

I guess there are a lot of fellow expats in China around here, would you like to share your perspective on this issue? Do you notice corruption in your daily life (work/private)? And what are the consequences for you and China?