Champ I ve been doing business in China longer than most and know more than most form real experiences (rather than the stuff you read in papers) as result I know a lot of westerners who who either live in China or have had done business as well. Ive personally been involved with major projects in PBOC, ICBC and BOC. I also no John Hempton from Bronte Capital and http://www.muddywatersresearch.com/ who have teams of people looking at Chinese listed companies.
The level of corruption is beyond belief. All the well sourced information I get is very consistent with the picture being painted in the article.
