Courses on ethics needed in China

by Mike Bastin for Financial Times

After several months of speculation, it was announced publicly that Zhou Yongkang, China’s former chief of security and member of the all-powerful Politburo Standing Committee (PBSC) had been officially placed under investigation on corruption charges. Some $14.5 billion in assets were seized from Zhou’s family members and close associates, reportedly, along with the arrest and questioning of more than 300 of them.

Initially, the country’s anti-corruption drive was met with widespread scepticism both inside and outside China, but with Zhou’s arrest and the mind-boggling sums reported, the worldwide public were somewhat reassured.

However, this campaign has hardly been matched by any major effort to insert anti-corrupt and ethical business practices into any area of business education across mainland Chinese business schools, which is staggering. Read more here.

 

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