News: FCPA Database » China: Bribery tops list of business crime

Bribery tops the list of wrongdoings that saw officials of China’s state-owned enterprises investigated or sentenced on criminal charges last year. A report showed that 88 cases in state-owned enterprises involved corruption that averaged 33.84 million yuan (US$5.37 million) for each person, while the 2010 figure was 9.57 million yuan.
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