From The New York Times: The American company says it was a legitimate cost of doing business in China, the price it had to pay to help secure a large software contract with one of China’s biggest banks. But a Chinese company that says it got pushed out of the deal has a different version: […]
Qin Hui (˶ÉËæâ) has been called the “big crocodile of the mainland media industry, though he founded his sprawling empire on a simpler form of entertainment. Before Qin sank millions made “stir-frying” stocks into IPTV, telecommunications, movie theatres, newspapers and satellite TV networks like Sun, Qin opened Passion (§©Â±±‰∫∫Èó¥), the night club whose range of […]
From Financial Times: IBM, the computer services company, has reportedly been named in court documents in China that have emerged from the corruption trial of a senior Chinese banker. Zhang Enzhao, former chairman of China Construction Bank, one of the country’s “big five” lenders, was jailed for 15 years last week after being convicted of […]
From AP: The former chairman of one of China’s biggest banks was jailed for 15 years Friday, for taking bribes to arrange loans, his lawyer said, in a case that added to a string of high-profile graft cases at state-owned banks. Zhang Enzhao(º†ÊÅ©ÁÖßÔºâresigned 16 months ago as chairman of China Construction Bank Ltd., one of […]
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