The China Bubble, page-34

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john22229999

346 Posts.

29/08/14

00:12

Post #: 13891164
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Originally posted by dolcevita ↑

"But while China has extradition treaties with 38 countries, it doesn't have one with the Netherlands, or with the United States, Canada and Australia - the three most popular destinations for suspected economic criminals, according to state media.

Indeed, Western governments have long been reluctant to hand over Chinese suspects because the ruling Communist Party controls China's courts and torture can be used to extract confessions, the experts said. Capital punishment is also widely meted out, including for corruption."

But doesn't that also mean that China has a real and significant inducement/pressure to introduce the rule of law?

For internal political reasons, the current government must be seen to address endemic corruption. There is colossal unrest about this in China, and the rebellions and uprisings are being brutally suppressed at the moment, but this cannot continue indefinitely.

Surely it's a matter of time before they realise that use of torture, capital punishment and lack of independence of the courts is actually counter productive, not just in terms of civil unrest, but also in terms of encouraging individual enterprise. There is a need for the latter because the economy in China is too top heavy, and there needs to be employment that spreads out more evenly.

Change happens incrementally.

(BTW just because someone gives TUs doesn't necessarily mean they aren't thinking. The two simply aren't mutually exclusive.)

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So what do you think dopey.
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