Fraud, culture and the law: Can China change?

Stanley Lubman writes for The Wall Street Journal, China Real Time Report, August 24, 2012

Counterfeit goods and scams are used to defraud millions of Chinese daily. This week alone, the country’s state media have reported the arrests of two men for fraud: one a high-profile real estate financier suspected of manipulating bids, the other a sales manager at milk producer Mengniu who reportedly tampered with production dates on milk and yogurt labels.