The Identification and Countermeasure to Commercial Bribery in China
In the recent years, the commercial bribery (“CB”) events related to foreign invested companies happened frequently; some internationally renowned companies such as Lucent, Siemens and etc. are involved in CB events, which bring the economic loss to those companies and bad effects to their images and reputation. Hence, it is an inevitable topic for foreign invested companies to prevent CB, company should know the criteria to identify a CB event and do it right in the commercial activities. In China, we do not have a specific anti-commercial bribery law as of now except some provisions to regulate CB, the provisions…