24 March 2011

A Chinese Government audit indicates that about 10% of the cost of the Beijing – Shanghai high speed railway has been lost to corruption.  A former Railways Minister has been arrested for his involvement in  more than $30 million of those losses. A related report is that Chinese law about the bribery of foreign officials has been strengthened.

www.bbc.co.uk/news/world-asia-pacific-12828057?

m.trust.org/trustlaw/news/business-ethics-and-anti-corruption-update-from-norton-rose/

 

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