We all know chinese people in whatever position are easily getting victims of their own greed. If it is in micro-small, small, big, bigger, huge or enormous amounts - it doesnt matter. Everybody like to "take advantage of possibilities". The idea that this maybe not "right" or "against some law" is almost not existing, because "everybody" is doing it. As said before micro-small for example is the market woman cheating the foreigner or unknown customer for a few RMB.....big for example is the guy in the factory cheating you for RMB 2 per meter on a 50,000 meter order of jersey, because he simply buy it at cheaper source and lower quality & smaller fabric width.....with the result that during production they are running out of material because the calculation for the consumption was "misleading"...and so on and so on......About the big shots you can read here. There is still a lot to be done by the Government to tackle that problem. And that problem is A BIG PROBLEM:
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More SOEs caught up in corruption: report
Global Times | January 16, 2012 01:05
Over 200 entrepreneurs were involved in 199 criminal cases in China last year that saw a total of 1.4 billion yuan ($222 million) embezzled or exchanged in bribes, according to an annual report on crimes committed by entrepreneurs released Sunday.
The report was jointly published by Faren Magazine, subsidiary of the Legal Daily, and the King and Capital Law Firm.
The number of entrepreneurs involved in crimes was 95 in 2009, 155 in 2010 and 202 last year, the Legal Daily reported Sunday.
Among the 199 cases, 88 involved entrepreneurs from State-owned enterprises (SOEs) whose average age was 53, and 111 of them involved private companies’ entrepreneurs whose average age was 46, according to the report.
Wang Rongli, a researcher with Faren Magazine and author of the report, told the Global Times that the cases were all taken from widespread news reports that he has collected for the past year.
"I have 10 years of experience working in SOEs as a legal advisor and witnessed several managers sent to jail," Wang said.
Wang added there were 76 entrepreneurs from SOEs who were convicted of a total of 122 crimes, of which 92 were bribery and corruption related crimes.
Forty of the 202 entrepreneurs were also former deputies to the National People’s Congress (NPC) or members of the Chinese People’s Political Consultative Conference (CPPCC), the report found.
Huang Jianhua, former CEO of the State-owned Hebei Port Group Company and also a Hebei NPC deputy, was sentenced to death with two years’ probation in November last year for receiving bribes of over 20 million yuan, according to the Legal Daily.
"One unique trend in China is more and more government authorities are involved in commercial competition," Li Shuguang, deputy director of the Graduate School with the China University of Political Science and Law, said at Sunday’s press conference.
Li explained that more government officials were becoming CEOs or managers of companies, which was the reason why more SOEs were becoming involved in corruption.
About 40 percent of the cases involving entrepreneurs that the King and Capital Law Firm dealt with since 2000 were related to people taking advantage of their position.
Wang Jiuchuan, a lawyer with the King and Capital law firm who attended the conference, suggested the entrepreneurs maintain a distance from the government, and learn to balance their interests among family members to prevent corruption.
By Zhang Hui
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By the way: Also Hong Kong is far away from being free of corruption. Very well I remember when my first boss here in Hong Kong (this was a german) told me one day: "Why shall I pay my staff too high salary - they anyhow take from the factories.....". This was a company running several 100,000 of pcs production a month for a well-known german brand. Very much I remember at other occasions a german managing director of another famous brand was coming to visit the office (this guy normally stayed in THE PENINSULA) - after doing some normal work this guy always needed to meet the directors of this company for a short moment.....for what ? My boss clearly told me: "He needs to pick up his commission........". This was most probably an amount of between HKD 200,000 - 500,000 each visit - surely then the accommodation in THE PENINSULA was no problem.
So - if you offer they take easily. Only the honest ones are the loosers !
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