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476: Dan David | Putting Muscle on the China Hustle

The Jordan Harbinger Show

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Corruption and Fraud: The Dark Side of Chinese Enterprises

This chapter explores the pervasive corruption associated with state-owned enterprises in China, illustrated through the imprisonment of a Canadian investigator. It emphasizes the lack of legal protections for whistleblowers and the normalization of corporate fraud within major financial systems. The conversation also addresses the implications for American investors, linking systemic issues in budgeting for fraud to the larger economic ramifications of U.S. debt and investment practices.

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