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.
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.