Tuesday, July 10, 2007

Signalling

. Tuesday, July 10, 2007

If you wondered whether the Chinese government is concerned about the international impact of recent revelations about unsafe Chinese exports, the latest news out of China sends a clear signal. "China executed its former top food and drug regulator today for taking bribes to approve untested medicine as Beijing scrambled to show that it is serious about improving the safety of Chinese products."

Seems a little extreme, but the execution signals two audiences: other would be bribe-takers and lax regulators who imperil China's exports and the world as a whole.

0 comments:

Signalling
 
There was an error in this gadget

PageRank

SiteMeter

Technorati

Add to Technorati Favorites