China is hungry for investment funding - but why is Beijing unable to raise cash at home?
Briefly

They know that Chinese companies routinely exaggerate their profits to entice investors and that they keep multiple sets of books. Few, aside from the insiders who actually control the money flow, know how well - or poorly - a company is doing.
They also know that the Communist regime is an active partner in such deceits. One of the keys to a Chinese firm's success depends upon enlisting corrupt officials as pricy patrons, whose sole job is to help protect the firm from the exactions of other corrupt officials and agencies.
Furthermore, wealthy and well-connected Chinese individuals understand that the Chinese economy is facing significant challenges.
Read at New York Post
[
add
]
[
|
|
]