Drawing on twenty years of research and observations, Li explains how bribery and corruption are carried out in countries with weak institutional environments, and how these activities become globalized. By distinguishing rule-based, relation-based and clan-based governance, this book offers a...

"It would be an understatement to say that the fate of Mercedes-Benz in China has undergone drastic changes over the past 50 years. In Mao's China in the 1970s, Mercedes cars were a rarity, and only the very top government officials rode in them. During that period, my family and I lived in a...