The ever grand group is a massive real estate elopment firm with more than a thousand projects across china. The company reportedly owes more than 300 billion dollars to roughly a hundred and 70 banks in china and another 100 20 lenders around the world. Ang argues that the collapse of the leman brothers investment bank and the great recession were fueled in part by what she calls access money. If you that sounds a lot like access money, you may be surprised to learn where the us lies on the transparency international corruption index.
The political scientist Yuen Yuen Ang argues that different forms of government create different styles of corruption. The U.S. and China have more in common than we’d like to admit — but Russia is a different story, which could explain its willingness to invade Ukraine.