Portion of National Budget Diverted by Officials in China

in Business Risk

According to investigative journalists in China, 20 percent of the national budget is diverted by corrupt officials every year, with up to 80 percent of all officials in the country being involved in corruption.

Source:  Oliver August, Inside the Red Mansion: On the Trail of China’s Most Wanted Man, (Houghton Mifflin: Boston. 2007), page 197-198.

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