The unprecedented anti-corruption campaign launched by Communist Party Chief Xi Jinping in late 2012 shows, among other things, that a kleptocracy has taken root inside the Chinese state and economy. While the campaign has provided more detailed information on the scope and depth of corruption in China, the origins and characteristics of this new type of kleptocracy remain poorly understood.
Using data collected from more than 100 corruption cases involving multiple party and government officials, Minxin Pei argues this kleptocracy originated two decades ago when elites in the Chinese party-state, private businesses, and organized crime colluded to loot state-owned assets. The effects of such looting and collusion go beyond the illicit enrichment of a small number of elites. Pei contends that they are the underlying forces causing the decay of key institutions in the Chinese party-state.
On November 21st, Hudson Kleptocracy Initiative (KI) hosted a discussion moderated by KI Executive Director Charles Davidson on the sources and implications of China’s kleptocracy.
Please join Hudson Institute for a fireside chat with Senior Fellow and Keystone Defense Initiative Director Rebeccah Heinrichs and John Spencer, chair of Urban Warfare Studies at the Modern War Institute at West Point and co-director of the Urban Warfare Project.
Join Hudson Institute and the Ben Franklin Fellowship for a two-panel discussion examining US policy as it confronts the crisis of terror in Nigeria.
Join Hudson Institute's Center for the Economics of the Internet for a keynote address given by Tricia Paoletta on the Trump administration's progress in managing and reallocating the electromagnetic radio frequency spectrum from the federal domain.
Join Hudson Institute for a discussion with Federal Trade Commission Chairman Andrew Ferguson and Senior Fellow Harold Furchtgott-Roth.
