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  • November 22, 2014
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  1. Business - Comment - MONITOR

    Impact of Beijing's anti-sleaze campaign wildly exaggerated

    Posted May 23rd 2013, 12:00am by Tom Holland

    ... campaign wildly exaggerated Over the past couple of months, the media have been full of articles about how Beijing's latest anti-corruption campaign has dented consumer demand and even ... per cent from 14.5 per cent in the last quarter of 2012. And sure enough, real GDP growth was a weak 7.7 per cent. Still, blaming the corruption crackdown looks excessive. A cynic would argue ...

  2. Business - Comment - MONITOR

    To fight sleaze, Xi needs to call the Untouchables

    Posted Jan 07th 2013, 12:00am by Tom Holland

    ... needs to call the Untouchables The pledge by China's new leaders to stamp down on official corruption has been greeted at home and abroad with weary cynicism. People have heard similar pledges too often before. Too often the subsequent campaigns have been little more than window dressing, or a pretext to eliminate political rivals. A handful of corrupt officials have been ...

  3. Business - Comment - MONITOR

    China graft probe looks more like a 'petro purge' than an assault on sleaze

    Posted Sep 04th 2013, 12:00am by Tom Holland

    ... like a purge than a real assault on sleaze China's latest anti-corruption drive, which has so far snared a clutch of senior serving and former state oil company executives, has been widely ... and, above all, in its property development business. It’s not hard to fathom why the investigation is concentrating on figures from the oil industry Corruption, cronyism and nepotism exist ...

  4. Business - Comment - MONITOR

    After nine years, it's time to leave the stage

    Posted Mar 06th 2014, 12:25am by Tom Holland

    ... Pollution, corruption, wasteful investment, the failure of the state to embrace free competition, the fragility of the banking sector, and the weakness of the stock market all rated multiple columns ...

  5. Business - Comment - MONITOR

    Hong Kong just following mainland in rejection of transparency

    Posted Feb 20th 2013, 12:00am by Tom Holland

    ... the welcome mat to... corrupt officials, crooked businessmen and large-scale money launderers The latest example of this rejection of openness came with the news this week that mainland cities, ... of official corruption and corporate fraud, the mainland authorities have chosen instead to block public access to the information that brought the abuses to light in the first place. The worry now ...

  6. Business - Comment - MONITOR

    Alibaba's plan to stuff board hardly in investors' interests

    Posted Aug 28th 2013, 12:00am by Tom Holland

    ... into a protracted decline. In 2012, after a corruption scandal and with trading volumes flagging, Alibaba took its listed subsidiary private again, paying just HK$13.50 a share - the same as the original ...

  7. Business - Comment - MONITOR

    Illuminating confessions from a shadow banker

    Posted May 15th 2013, 12:00am by Tom Holland

    ... Tom Holland Finance veteran lifts the lid on a murky world where conflicts of interest and corruption collide, producing a credit bubble ripe for a global crisis Illuminating confessions ... There are plenty more examples. Zhang depicts China's shadow banking sector as a market in which greed rules, abuses abound, and conflicts of interest run riot amid rampant official corruption ...

  8. Business - Companies - MONITOR

    Nothing uniquely Chinese about Glaxo bribery case

    Posted Aug 01st 2013, 12:00am by Tom Holland

    ... especially Chinese in the latest drug-industry corruption case, except perhaps for the amount of media attention it is getting. tom.holland@scmp.com ...

  9. Business - Commodities - MONITOR

    China's own policies made it a commodity price-taker

    Posted Jul 02nd 2013, 12:00am by Tom Holland

    ... difference, merely fuelling the development of a lively domestic grey market and enriching a cadre of corrupt middlemen. And this demonstrates the ultimate reason why China has always been ...

  10. Business - Comment - MONITOR

    Directors' privacy is a direct attack on the public interest

    Posted Jan 29th 2013, 12:00am by Tom Holland

    ... Tom Holland Unique personal identifiers are essential to corporate due diligence, bank credit checks and the exposure of corruption and fraud Directors' privacy is a direct attack ... cannot conduct essential due diligence and- yes- journalists cannot expose fraud and corruption. The disclosure of company directors' ID card or passport numbers is in the vital public ...




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