Three senior employees of the Chinese billionaire wanted on graft charges had pleaded guilty to fraudulently obtaining loans and buying foreign currency
China should cleanse itself of millennia of corruption, a source of national humiliation. The only cure is democracy and the rule of law, the natural enemies of despotism and corruption, through separation of powers and checks and balances. This means election of the heads of legislative, executive, judicial and procuratorial branches in alternating years. See the Charter for Permanent Peace and Development.