foreign businesses



18 More Detained in GSK Probe

China’s state media report that at least 18 more people have been detained as the corruption probe against the British pharmaceutical giant GlaxoSmithKline (GSK) continues. From Ben Blanchard, Fang Yan, and Ben Hirschler...

U.S. Citizen Detained as Pharma Probe Spreads (Updated)

An American has been detained in China as part of a probe into multinational pharmaceutical companies that previously led to bribery charges against GlaxoSmithKline executives earlier this month. From Reuters: The unnamed...

GSK Admits China Execs May Have Broken Law

After probes into foreign companies operating in China led the government to accuse executives of British pharmaceutical company GlaxoSmithKline (GSK) of corrupt practices including bribery and artificial price inflation, a GSK...

China to Crackdown on Illegal Medicine Sales

China announced a crackdown on illegal medicine sales on Wednesday and said it would pursue stricter regulations for the pharmaceuticals industry, according to Reuters: The State Food and Drug Administration said the six-month...

Authorities Detain Four Glaxo Managers for Bribery

Following claims last week by Chinese authorities that British pharmaceutical giant GlaxoSmithKline (GSK) had engaged in corrupt practices on the mainland, Xinhua News reported on Monday that four GSK executives are being held...

China Accuses GlaxoSmithKline of Corruption

At The New York Times, David Barboza reports the latest development in a series of government probes and proddings of foreign companies in China: confessions, according to the Ministry of Public Security, of corrupt practices...

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