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Graft was rife in construction projects long before the current downturn. "Public spending is already subject to considerable siphoning off and, perhaps even more critically, waste," says Andrew Wedeman, a political scientist and Chinese-corruption expert at the University of Nebraska. During the boom years, such waste mattered less because growth was so robust. But if China's GDP expands only 6% to 8% this year, as some predict, corruption could dampen recovery. "What really matters is not if funds will be siphoned off or how much will be siphoned off," Wedeman says, "but rather whether the siphoning will have...

Author: /time Magazine | Title: China's New Deal: Modernizing the Middle Kingdom | 6/1/2009 | See Source »

...eight members of the winning Gardner Club-Oral advocates Douglas F. Stevenson and Nelson Taylor, and counsels Charles H. Batlett, Jr.; Marvin Borman; Harold L. Hitchens, Jr., Holmes E. Hobart; Robert H. Troescher; and Miles G. Wedeman--will receive $300 for their efforts...

Author: NO WRITER ATTRIBUTED | Title: Gardner Club Beats Pitney To Win Ames Competition | 11/24/1948 | See Source »

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