China has fined UK pharmaceuticals firm GlaxoSmithKline $490m (£297m) after a court found it guilty of bribery. The record penalty follows allegations the drug giant paid out bribes to doctors and hospitals in order to have their products promoted. The court gave GSK’s former head of Chinese operations, Mark Reilly, a suspended three-year prison sentence…
What should a lawyer do when faced with a client engaged in corrupt activities?
A highly-regulated industry that is growing rapidly and is partially closed to foreign investment might have corruption problems? Imagine that.
You know, the law changes rapidly. Things like bribery and insider trading, well, it’s hard to keep up with what’s still illegal these days.
Anti-corruption laws are tough to avoid when you’re doing business overseas, but instead of governments relaxing enforcement, perhaps enterprises should step up compliance programs.
Small-time administrative corruption seems to be getting worse in China. Does this tell us anything about enforcement efforts? What should be prioritized?
Don’t be surprised if People’s Daily or Xinhua runs a story tomorrow about Nestlé and soil erosion in the Northeast. Anything’s possible.
These days, no press coverage for multinationals in China equates to good PR. Time to engage the cloaking device.
All sins may be equal in God’s sight, but that certainly isn’t true in present-day China. Sometimes admitting to a lesser offense is a wise move.
People see a big boat and government officials, and they immediately assume a corrupt purpose. Have we all become that jaded and cynical?
With an income gap, privilege and corruption, there is an automatic presumption against meritorious advancement. This is bad news for China’s hi-tech economic development plans.
Here’s a very entertaining glimpse into the world of shady immigration consultants. Ever wonder how all these corrupt officials get into Canada?
If most people in China resent privilege, not the wealthy, then should the government even bother narrowing the income gap?
After all is said and done, I find it interesting that the case of Li Qiming, who was found guilty of manslaughter last week, became famous for something that never actually happened. The kid ran over two people, killing one, and then tried to use the name of his famous father to avoid prosecution. Well,…
If you thought current enforcement of the FCPA was tough, take a look at what might be coming next. CEOs beware!
A new study on China’s involuntary commitment system points to serious abuses and further demonstrates the need for reform.
One thief equals one guilty individual. With two hundred thieves, we all bear some responsibility.
Enforcing court judgments in China can be very difficult, particularly when government agencies fail to cooperate with one another. The Supreme Court is working on it.
Baimiao township in Sichuan gained a lot of attention earlier this year when it posted its budget online. Tsinghua Law prof Cheng Jie has written an excellent (non-tech) comparative analysis of government transparency law.
Nice post at CLB by Dan on success tips for foreign companies that wish to sell to the Chinese government. The original article was by law firm Reed Smith (which bought out a Hong Kong/Beijing law firm a year or so ago), in which they set out several very good pointers for enterprises wishing to…