This is exactly what I mean. Take the Obamacare exchange website for example. It cost $800 million, didn't work, and nobody got so much as fired for it because that money was wasted, not stolen, and the contract was given out in accordance to procedure. If the execs had pocketed any of that money, they would be in jail.
In China it would have been given to a friend of the bureaucrat in charge of giving out the contract, and they would know it would cost $40 million to build, but they can charge 80 and kickback 10 to the official. And more importantly, that friend would be damn sure to deliver a working website because he knows if he doesn't he will be investigated and punished for his stealing.
So while our system is less "corrupt" I guess, China gets a working website for $80 million when we get a broken one for 10x the cost.