WikiWealth

One of the fastest developing countries in past few decades is China, which still faces corruption within their political system.

"As is the case with many developing countries, the People's Republic of China suffers from widespread corruption. For 2008, China was ranked number 72 out of 179 countries, from least to most corrupt, in Transparency International's Corruption Perceptions Index. For the last several years the level of corruption in China has been fairly consistent; for 2008 China received a score of 3.6, which was similar to its score of 3.5 for 2002. (For the sake of reference a score of 10.0 would correspond to a theoretical country which was completely and totally uncorrupted, while a score of 0.0 would correspond to a theoretical country which was completely and totally corrupt).

Corrupt political systems tend to weaken economic growth, because corruption acts as a tax on the overall economic system."

Source:http://en.wikipedia.org/wiki/Corruption_in_China