This year's historic stock market rise and crash was only
the most visible sign of overall economic turmoil in China. Other
key indicators include China's lowest annual growth rate in
decades, concerns about stagnating real estate prices and the first
ever bond default by a state-owned enterprise. As a by-product of
these significant and rapid economic changes, China's already
high instances of bribery, embezzlement, kickback schemes, insider
trading, theft of trade secrets and other white collar crimes may
see a further rise as dramatic and swift as that of stock prices
this spring.
China's current compliance challenges are a continuous
source of concern for multi-national companies operating in China.
The government's most recent campaign against corruption has
made progress in this area, but in the near future these issues
will remain a high priority for compliance professionals.
Identifying and remedying these violations can be expensive and
disruptive and often
