Another major concern is that, if businesses are no longer able to “grease the wheels” – that is, bribe officials to allow them to circumvent excessive regulations – their performance could suffer. And, indeed, even after 30 years of reform, China’s economy remains bound by red tape, which drags down productivity considerably.
另一个主要担忧是，如果企业不再能够“走后门”——即贿赂官员允许他们规避过度监管——业绩将受到影响。而事实上，虽然经历了30年的改革，但中国经济仍饱受红头文件束缚，这极大地影响了生产率。