Article

2004-08-22 China-Japan-Koreas

4,000 corrupt officials bolt with US$50 billion

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Posted by tipper 2004-08-22 3:44:16 AM|| || Front Page|| [1 views since 2007-05-07] Top

#1 Kylie's looking good.

Those 4,000 officials probably left because Xinhua doesn't put the cheescake on the domestic version of the news.

Posted by Mrs. Davis 2004-08-22 12:25:49 PM|| 2004-08-22 12:25:49 PM|| Front Page Top

#2 I first read this as corrupt officials leaving with $50 billion in *US* money (i.e. the USA got ripped).

I wonder if that will count for our inport/export balance with China, since a lot of it likely ended up here after being washed in the Bahamas.

Posted by OldSpook 2004-08-22 3:37:33 PM|| 2004-08-22 3:37:33 PM|| Front Page Top

#3 After being presented with the report, Premier Wen Jiabao ordered finance regulators to develop ways to deal with the problem ...

Permit me to suggest that the politburo commit mass suicide. This is state sanctioned corruption at its finest. Kleptocracy, Chinese communism is thy name.

Posted by Zenster 2004-08-22 7:49:51 PM|| 2004-08-22 7:49:51 PM|| Front Page Top

#4 OS: I wonder if that will count for our inport/export balance with China, since a lot of it likely ended up here after being washed in the Bahamas.

It's helping to inflate real estate prices in US urban areas - fresh-off-the-boat illegals are stumping up cash to buy inconspicuous residential properties - not the trophy stuff, but the income-producing stuff. And the Chinese government will never see a penny of it. More power to these crooks.

Posted by Zhang Fei 2004-08-22 7:55:41 PM|| [http://www.polipundit.com] 2004-08-22 7:55:41 PM|| Front Page Top

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