“Bribery Culture” In China A Risk To Multinationals

From travel agency slush funds to jobs for the kids of influential officials, the pile of case histories and the list of companies implicated keeps growing. The U.S. Foreign Corrupt Practices Act remains the most formidable enforcement tool, but now Chinese law is also being invoked. The stickiest issue: the intermediaries without whom doing business in China is virtually impossible. This overview of an increasingly perilous business milieu includes advice from a number of seasoned attorneys who know the area well. They say the solutions are there, but they require genuine commitment.