Deepening crackdown (双语)
BY Liu Zhen, Reuters |
Yet another campaign against corruption is sweeping China. After multinational pharmaceutical companies, some big Chinese state-owned companies have now been reported to be under the scanner. Meanwhile, as Chinese companies expand overseas, such investigations might also raise concerns of foreign anti-corruption laws. International lawyers talk with Liu Zhen on the new developments and the impact of the crackdown, and suggest steps that companies should take to reinforce their compliance programmes.