Clifford Chance
Grease, gift or graft? Boundaries of business courtesies in China
27 March 2012
Anti-corruption compliance-minded companies understand the importance of linking an all-expenses paid trip to training and product demonstration, the use of logo-embossed knick-knacks to generate goodwill, and carefully verifying recipients of charitable donations to avoid issues with the Foreign Corrupt Practices Act (FCPA). But where does Chinese “Guanxi” fit in?
Download File
Grease, gift or graft? Boundaries of business courtesies in China
