Chinese-Style Capitalism Feeds Product Recalls

China's complex system of "guanxi," or relationships, involves using personal networks and granting and returning favors to do business. Colgate University sociologist Carolyn Hsu says guanxi has fueled China's extraordinary economic growth, but it has also taken the place of binding contracts and government quality controls and has led to a series of China-based product recalls that have rocked international markets in recent weeks.