Why China is torpedoing the G20’s corruption initiative

While China is engaged in a determined push to root out corruption at home, it has wavered on addressing the issue at the G20.

Global anti-corruption efforts have been dealt a blow, as an agreement Australia hoped to unveil at this weekend’s G20 summit looks set to be torpedoed by China.

The proposal sought to create a public ownership register to prevent people from hiding their financial affairs through shell companies and other opaque practices.

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