NEWS

This section provides readers with the latest news regarding anti-corruption issues worldwide.

Money, Power, Politics and Corruption: U.S. vs. China

July 12, 2012
International Herald Tribune, The Global Edition of the New York Times
A penetrating article in Vanity Fair this month raised questions about the finances of presidential candidate Mitt Romney. Meanwhile, a recent story by Bloomberg Business News, “Xi Jinping Millionaire Relations Reveal Fortunes of Elite,” caused a furor in China-watching circles and angered the Chinese government with its well-sourced account of the substantial wealth amassed by Mr. Xi’s close relatives, including his siblings. It raised important questions about the nexus of political power and wealth.