tag:blogger.com,1999:blog-1527840491496268397.post299219086026365443..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: More Reasons Not to Invest in ChinaUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1527840491496268397.post-15208576703656684432015-02-10T09:48:55.818-07:002015-02-10T09:48:55.818-07:00" colluding with officials is a necessity, no..." colluding with officials is a necessity, not an anomaly"<br /><br /><br />You are writing about health insurance and mortgage lending, right?<br /><br />Oh, never mind, it's about China.Stevehttps://www.blogger.com/profile/11574596367875858439noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-64587348936593961802015-02-09T20:56:54.775-07:002015-02-09T20:56:54.775-07:00"Every country has its own corrosive intersec..."Every country has its own corrosive intersections of money and power, illegal or otherwise. But in China colluding with officials is a necessity, not an anomaly. For local businesses, a connection with the government is vital to protect themselves from predatory officials exploiting the country’s haze of regulations. Regular pay-offs are as ubiquitous as income tax elsewhere."CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.com