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  • September 23, 2014
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  1. Business - China Business - CORRUPTION

    Multinationals in China on alert in wake of GSK case

    Posted Sep 23rd 2014, 05:18am by Toh Han Shih

    ... of the government's intention, and the severity of misjudging this." Foreign nationals may move out of the mainland to avoid the consequences if their companies risk being found guilty of corruption ... to fight corruption in their mainland operations, he added. In the face of the Chinese government's actions against GSK and antitrust investigations of multinationals in various sectors ...

    http://www.scmp.com/business/china-business/article/1598359/multinationals-china-alert-wake-gsk-case
  2. Business - China Business - CORRUPTION

    Top executives from Chinese shoemaker Ultrasonic missing

    Posted Sep 18th 2014, 05:57am by Reuters

    ... Reuters in Frankfurt Governance concerns grow as top officials at Germany-listed shoemaker have disappeared, along with cash on the mainland and in Hong Kong Ultrasonic China chiefs ... in mainland China and Hong Kong had disappeared. The mystery is likely to fuel concerns about corruption and corporate malfeasance in China as short-sellers increasingly target smaller Chinese firms ...

    http://www.scmp.com/business/china-business/article/1594868/top-executives-chinese-shoemaker-ultrasonic-missing
  3. Business - China Business - CORRUPTION

    Chalco vice-chairman Sun Zhaoxue resigns amid graft probe

    Posted Sep 17th 2014, 05:39am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Chalco vice-chairman resigns amid graft probe Aluminum Corp of China (Chalco), the country's largest smelter of the lightweight industrial metal, said its non-executive director and vice-chairman, Sun Zhaoxue, has resigned after the mainland's anti-graft watchdog said he has been detained to assist its investigation. "[He] was suspected ...

    http://www.scmp.com/business/china-business/article/1594179/chalco-vice-chairman-sun-zhaoxue-resigns-amid-graft-probe
  4. News - China Insider - CORRUPTION

    Chinese telecoms giant Huawei probes over 100 staff in internal graft crackdown

    Posted Sep 09th 2014, 05:24pm by Patrick Boehler

    ... Patrick Boehler patrick.boehler@scmp.com Huawei, China’s largest maker of telecommunications equipment, has investigated 116 employees and sent four of them to court over allegations of graft in its consumer and corporate units, reports have said. The staffers are suspected of taking bribes in China, Caixin   and  China Business News, two mainland media outlets, reported. ...

    http://www.scmp.com/news/china-insider/article/1588711/chinese-telecoms-giant-huawei-probes-over-100-staff-internal
  5. News - China - CORRUPTION

    How a robbery led to the downfall of Shanxi political heavyweight

    Posted Sep 08th 2014, 05:21am by Keira Lu Huang

    ... claims. Caijing, a prominent mainland news magazine, reported yesterday that the handling of the robbery at the home of former Shanxi Coking Coal chairman Bai Peizhong prompted scores of retired ...

    http://www.scmp.com/news/china/article/1587463/how-robbery-led-downfall-shanxi-political-heavyweight
  6. News - China - CORRUPTION

    Chinese officials told to avoid WeChat's red packets as graft busters fear web-based bribes

    Posted Sep 05th 2014, 01:41pm by WU NAN, LAURA ZHOU

    ... ahead of next week's Mid-Autumn Festival. Staff at the Beijing Central Business District office of SF Express, one of the mainland's biggest logistics companies, said their mooncake ... of a leading mainland IT business said. Huang's warning echoed a pledge by commission secretary Wang Qishan, who has reportedly vowed to combat "mooncake corruption" and other traditions ...

    http://www.scmp.com/news/china/article/1585780/chinese-officials-told-avoid-wechats-red-packets-graft-busters-fear-web
  7. News - China - CORRUPTION

    Beijing 'ready to begin' trying associates of Zhou Yongkang

    Posted Sep 05th 2014, 03:36am by Keith Zhai

    ... 'will soon go on trial' Mainland authorities are ready to put a group of officials and businesspeople connected with former state leader Zhou Yongkang on trial, say sources familiar ... mainland journalists were allowed to attend, the trial was publicised through regular but heavily censored updates on an official court blog. The corruption investigation into Zhou, a former ...

    http://www.scmp.com/news/china/article/1585434/authorities-ready-begin-trying-associates-zhou-yongkang
  8. News - China - CORRUPTION

    Cap powers of top party officials to halt China's corruption, analysts say

    Posted Sep 02nd 2014, 04:49am by Cary Huang

    ... to stop rot among top officials The absolute power of the top party officials on the mainland is the major reason so many are corrupt and changes are needed to dilute their influence, analysts have cautioned. The warning comes as a mainland survey revealed that 60 per cent of senior corrupt officials caught in the last decade were the top party official in the organisations ...

    http://www.scmp.com/news/china/article/1583237/cap-powers-stop-rot-top-officialdom
  9. News - China - CORRUPTION

    State-appointed business managers face huge cuts in pay and perks

    Posted Sep 04th 2014, 05:10am by Keira Lu Huang

    ... Keira Lu Huang keira.huang@scmp.com Hundreds of top executives to be affected by reforms to remuneration Mainland details pay cuts for SOE chiefs Future professional managers of state-owned enterprises (SOEs) would "very likely" be paid more than their government-appointed bosses, a senior official said yesterday as details emerged of an overhaul of pay packages ...

    http://www.scmp.com/news/china/article/1584686/state-appointed-business-managers-face-huge-cuts-pay-and-perks
  10. News - China - CORRUPTION

    Shanxi Party chief to be sidelined as anti-graft campaign sweeps province

    Posted Aug 30th 2014, 02:04pm by Keith Zhai, Keira Lu Huang

    ... of the clean-out has been described by mainland media as rare in modern Chinese political history. The officials were caught up in the commission's anti-corruption push into all four leading groups ... by anti-graft tsar Wang Qishan as he prepared to launch into a long pre-written speech at the province's panel discussion. The news of the rebuke was initially blocked online on the mainland ...

    http://www.scmp.com/news/china/article/1581958/shanxi-party-chief-be-sidelined-replaced-amid-anti-graft-campaign

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