Zero capital, 116 projects: AI spots the devils in the details of China corruption case
GlobeAlert Desk · curated from South China Morning Post · East Asia
Disciplinary staff in Wuhan, provincial capital of Hubei in central China, were going about their routine workday when a red alert landed. It was from a large data model – flagging a possible case of corruption. “A company took on more than 10 projects this year. Its registered capital reduced from 50 million yuan (US$7.5 million) to 10 million, yet it’s paid-in capital is still zero,” the alert said. “Moreover, over 80 per cent of the projects it took were [residential] communities from...
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