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  • July 13, 2014
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  1. Business - Companies - INVESTIGATIONS

    Multinational lens makers fined for price fixing

    Posted May 30th 2014, 01:10am by TOH HAN SHIH AND REUTERS

    ... Toh Han Shih hanshih.toh@scmp.com NDRC imposes penalties of more than 19m yuan on at least five manufacturers after investigation Multinational lens makers fined for price fixing At least five multinational lens manufacturers were fined a total of more than 19 million yuan (HK$23.8 million) for price fixing in Beijing, Shanghai and Guangdong province, the National Development ...

  2. Multinationals caught in web of corruption

    Posted Oct 08th 2007, 12:00am by Elaine Chan

    ... counterparts by stressing integrity and ethics. But now, the multinational firms have become targets of Beijing's anti-corruption drive alongside domestic companies as increasing commercial ... of the year, up 20 per cent year on year. 'Cases of corrupt practices in multinational companies should not come as a surprise,' consulting firm Apco's mainland managing director Patrick ...

  3. Sacred cow multinationals in the firing line

    Posted Aug 17th 2009, 12:00am by Wang Xiangwei

    ... and ordinary mainlanders. This will make it even more difficult for the multinationals to do business in a culture that is deeply rooted in corruption, with officials openly soliciting kickbacks ... Wang Xiangwei For top executives of the multinational conglomerates keenly and warily watching the latest developments of the Rio Tinto case unfolding on the mainland, some of them can ...

  4. Comment - Insight & Opinion

    The end of irresponsible business practices by multinationals in China

    Posted Aug 22nd 2013, 12:00am by SIMON ZADEK

    ... Simon Zadek Simon Zadek says Beijing's crackdown on misconduct by foreign multinationals signals an end to the days of irresponsible business practices in China. And that can only be good for Chinese consumers and firms Ethical era Multinational corporations are under siege in China. In recent months, the government has levelled a series of allegations of corporate ...

  5. Business - China Business - GRAFT

    Whistle-blowers spearhead fight against corruption in China

    Posted Mar 12th 2014, 11:09am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Common feature in graft prosecutions is use of social media to expose officials for misconduct Whistle-blowers a new force in fight against corruption A new and increasingly important tool in China's fight against corruption is whistle-blowing, a cause for concern among multinationals, analysts say. "One theme that current ...

  6. Business - Companies - LUXURY

    Vertu sees sustainable growth in China amid anti-corruption drive

    Posted Jul 09th 2014, 05:20am by BIEN PEREZ

    ... its biggest market, following the central government's corruption crackdown. "The government is not against luxury; it is against corruption, which is a good thing," Vertu chief ... to three years may have been inflated by those [corruption-linked] purchases, but that situation is no more. Business is continuing to grow at a slow rate, but this is more sustainable," said ...

  7. Comment - Insight & Opinion

    To curb corruption, China must do more than taking down tigers

    Posted Jul 07th 2014, 05:17am by Chang Ping

    ... Chang Ping Chang Ping says the problem with China's fight against corruption has never been the lack of examples to serve as a deterrent: the arrest of top officials alone won't curb abuse of power Tigers aplenty Just before July 1, the Chinese Communist Party hit the headlines with news on several high-profile corruption investigations. This could be its way ...

  8. News - World - FRANCE

    Defiant Nicolas Sarkozy out to claim ultimate victory despite corruption probes

    Posted Jul 06th 2014, 06:09am by GDN, AFP

    ... Agencies in Paris Despite being placed under formal investigation for alleged corruption, France's former 'bling bling' president has his eyes on the Elysee Palace Defiant ... for allegations of corruption, trafficking influence and receiving information violating professional secrecy rocked the country. But while it was a setback to his hopes of a return the presidential ...

  9. Comment - Insight & Opinion

    Corrupt officials can be shown no mercy

    Posted Jul 04th 2014, 04:33am by SCMP Editorial

    ... SCMP Editorial No mercy for corrupt officials The Communist Party has announced some high-profile expulsions in the same week as its 93rd anniversary- a reminder that President Xi Jinping sees the fight against corruption at every level as crucial to maintaining its rule. One case in particular set them apart- that of Xu Caihou, who recently retired as a vice-chairman ...

  10. News - China - SCIENCE

    Is corruption all in the mind?

    Posted Jul 03rd 2014, 04:02am by STEPHEN CHEN

    ... Stephen Chen binglin.chen@scmp.com Mainland research suggests that graft may have a physiological basis, and that some people's brains are hard-wired for bribery Is corruption all ... for corruption. Science has long searched for a neural mechanism that might explain why people deviate from social norms of behaviour. One recent study by mainland behavioural neuroscientists focused ...




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