Author(s)

Rongrong Zhou

Shandong High People’s Court, Ji’nan, China.

Microfinance offers poor people access to basic financial services such as loans, savings, money transfer services and micro insurance. Corruption happens in microfinance area and the FCPA applies to it. In China, micro finance and social enterprises have developed for year; however, the government corruption poses a chilling climate for the flourish of microfinance and the innovation of private capital. Chinese government took measures to fight corruption and via the government’s action. Corruption problems became more tangible and more controllable.

Microfinance, Corruption, FCPA, China

Zhou, R. (2016) Anti-Corruption in Microfinance and China’s Reaction. Open Journal of Social Sciences, 4, 130-139. doi: 10.4236/jss.2016.410010.