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#391: Not the highest bidder: China’s crony capitalism and the large scale looting of public assets
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Governance expert Prof Minxin Pei describes how collusion between China’s political and business elites have resulted in the privatization of public assets for enormous personal gain. He also explains why the current crackdown on corruption is but a band-aid and that a free media and liberal democracy may be the key elements to a lasting solution. Presented by Peter Clarke.
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