Thursday, June 3, 2010

Corruption in the Chinese Business World

Seeing as there are economic incentives in ripping off your clients and business partners from time to time, this is why I believe in a moderate level of government regulation in markets. So, you know, contracts actually get enforced so global trade can actually function in a smooth manner.
In their desperation, the Mouazzens begin conducting their own investigations. They discover, for example, that the address of their Chinese "partners" listed in the contract is incorrect. Suddenly no one is answering any of the mobile phone numbers the Mouazzens were given, and the interpreter, who attended every meeting, is supposedly in the hospital. The shipping agent who transported the crane to the port starts shouting at the Mouazzens when he sees them approaching from a distance. He claims that neither the truck nor its driver belonged to his company.

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