China strikes me as a somewhat oppressive society, whose norms and mores I would prefer not to live under. However, I do not have the impression that it is ruled by fiat. They have harsh laws against corruption, though my impression is that enforcement is uneven and many choose to gamble, on either not getting caught or being able to bribe their way out of trouble.
Isn't it possible that you're just defaulting to assuming business operators are generally innocent and public authorities generally dictatorial?
I don’t know what are you talking about and why are you arguing with me.
Read the original comment I replied to.
It’s along the lines of “It is bad that in US there are no consequences when no law is broken or when it cannot be proven. In China they can just charge you with corruption in general or whatever and hang you.”
I felt you misrepresented it, and that you have done again here. It makes a simple policy argument that there should be sterner consequences for lying to the public, contrasting the US with some other countries. You have rewritten it to say something quite different.
It's simple; China has strong laws against self-dealing, and (in the poster's view) their legal code is not riddled with loopholes and getout clauses. We have the same concept in the USA, but it is rarely applies to financial crimes. It's called 'strict liability.'
And have you not noticed how people sometimes get longer prison terms for small crimes than large ones? As of 2021, the US incarcerates ~5x more people than China (per capita), but penalties for untoward business activity are generally light.
The point is that that country has strong general laws against corruption. The US does not; deceiving consumers is largely excused here, and stiff punishments are reserved for deceiving investors.
China strikes me as a somewhat oppressive society, whose norms and mores I would prefer not to live under. However, I do not have the impression that it is ruled by fiat. They have harsh laws against corruption, though my impression is that enforcement is uneven and many choose to gamble, on either not getting caught or being able to bribe their way out of trouble.
Isn't it possible that you're just defaulting to assuming business operators are generally innocent and public authorities generally dictatorial?