China Government Procurement: Getting All Clean On Us Now
Paul French has written an interesting article for Ethical Corporation magazine, entitled, "Bye-bye backhanders." (h/t China Herald) The article is subtitled, "China’s initiative on removing corruption in tendering for public contracts are a victory for transparency" and it nicely details how China is in the process of enacting a state of the art process for choosing the winning bids for government procurement contracts. The article talks of how this new process (starting in the bigger cities first) is intended to (and likely will) greatly reduce corruption and patronage in Chinese government contracting.
It is well worth a read.
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