, Columnist
Are the U.S. and China Making the World Safe for Fraud?
As the two countries break away from the rules of governance, preventing and finding wrongdoing has become a far more difficult endeavor.
This article is for subscribers only.
China and the U.S. are presenting themselves as exemplars of opposite models of political governance.
China has laid out its vision for a rejuvenated nation: a socialist planned economy, built on data and analytics, that will displace market economies. The U.S. is taking the opposite route: withdrawing government from the marketplace, deregulating the economy through executive orders, starving regulators of funds, and appointing agency heads with records of antagonism to their own agencies’ missions.