According to one report, Tencent recently performed a routine internal audit during which it identified the payments at issue.

Earlier this month, six former employees of Tencent Holdings (Tencent), including Liu Chunning, a now high-level executive of Alibaba Group, were detained by Chinese authorities...

If the Chinese entity is an empty shell, then there is no value in China to protect and further analysis of the company is a waste of time.

China has said it has arrested 93 people suspected of involvement in a gang that laundered up to US$5.6 billion using virtual currencies.

On May 1, 2011, an amendment to China's Criminal Law took effect after passage by the Standing Committee of China's National People's Congress on February 25, 2011.

On February 16, 2016, the US Department of Justice and Securities and Exchange Commission announced their newest settlements regarding violations of the US Foreign Corrupt Practices Act.

Anti-corruption has remained an area of focus area for Chinese authorities in the first half of 2025, with major legislative updates and enforcement cases.

This is an introduction to fraud in China, and steps that foreign managers can take to avoid becoming the next victim!

Provisions to address employee misconduct related to establishing competing businesses against their employers.

This month, as part of China's ongoing anti-corruption campaign in the healthcare sector, the State Administration for Market Regulation (SAMR) issued the Compliance Guidelines...

Despite the Chinese government's efforts to combat fraud and corruption, statistics emanating from Tsinghua University would suggest that fraud and kickbacks have totalled approximately 15% of China's GDP in the past decade.

Contract fraud refers to the act of illegally obtaining a substantial amount of money or property from the other party by fabricating facts and concealing the truth.

New provisions to tackle employees who have set up a parallel, competing business.

Discussion on recent charges of corruption and bribery against RBA subsidiaries

In this update we look at the key provisions of the Interim Measures, their potential impact on the marketplace and what Chinese companies should look out for.

China has its claws out in taking collaborative actions to ensure that serious offenders will pay a high price.

International corruption has been estimated to cost a massive $3.6 trillion annually in the form of bribes and stolen money, amounting to over 5% of global GDP

On July 17, 2013, after the investigation of GSK became public, the Chinese State Food and Drug Administration announced a six-month crackdown on misconduct in its drug market.

Enterprises suspected of corporate crime are encouraged to implement compliance reforms instead of being prosecuted.

Recent case shows that crime does not pay!