William Rosoff, Yuanming Wang Article on Chinese Antibribery Law Published by ASIAN-MENA COUNSEL
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“Recent Developments in Chinese Anti-Bribe-giving Laws and Enforcement,” an article by Akin Gump Beijing partner in charge William Rosoff and senior counsel Yuanming Wang, has been published by ASIAN-MENA COUNSEL.
The article uses as a jumping-off point the recent Chinese government detention of four GlaxoSmithKline employees in China on charges of having funneled almost $500 million in bribes through travel agencies to hospitals and doctors and discusses the shift in Chinese government orientation from punishing bribe recipients to punishing those who give bribes.
Among the topics covered are The Interpretations on Several Issues Concerning the Application of the Law In the Handling of Criminal Bribe-Giving Cases, which became effective in January 2013, and differences between the U.S. Foreign Corrupt Practices Act and Chinese antibribery law.