Post
Topic
Board Economics
Re: Why developing countries should add value to what they produce.
by
abhiseshakana
on 15/08/2025, 15:38:17 UTC
The reason China is ahead is because they took responsibility for their future, by making a dead sentence for corruption cases. This is what has kept them ahead, corruption keeps development. Once you dealt with Corruption you are on the path of progress.

To do with business with china you are 90% sure they will not scam you, they have zero tolerance for corruption, But in Africa where corrupt leaders are celebrated by the citizen, they will always be consumption continent, Africa has all the mineral resources  to be independent and united, but corruption is  the other of the day in Africa.  until Africa deal with the issue of corruption they will remain in poverty, and no one is coming to help out, except Africans.

I disagree with you. Scammers are always present in international trade. Many frauds are also perpetrated by Chinese citizens in international trade.

Since Xi Jing Ping's rise to leadership of the Communist Party, many Communist Party members have been massacred (thousands were executed, removed from party posts, and denied access to public facilities). Many consider this to be genocide and an act of slaughtering pro-democracy political opponents (Deng Xiao Ping's era, China was very close to the United States).

Although China appears strict on corruption, this doesn't mean it doesn't play dirty. In fact, to secure infrastructure projects, Chinese private sector companies actively bribe government officials. China is extremely tough on domestic bribe-takers (corruption is seen as an existential threat to the party-state, maximum deterrence, discipline, severe penalties, even the death penalty. However, it is weak in taking action against Chinese bribe-takers abroad, which is legally prohibited, but enforcement is weak, jurisdiction is narrow, and projects are in an ecosystem that encourages “grease payments.” As long as China has not become a party to the OECD Anti-Bribery Convention and has not established a pattern of routine prosecution of foreign cases, this gap will persist.