The government sold swaths of state-owned enterprise — from small restaurants to oil giants — in both rigged auctions and through privatization vouchers. A scramble for the spoils ensued.
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China is the same (with the only difference is that only members of the party can “own” businesses).
Every company in China is owned by the party. Corruption is a way of life from top to bottom.
Wonder if Putin paid the CIA to do his dirty work.
Can we hope that chinas military might is just as flawed/ crooked as the Russians.