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Why US Companies Should Be Paying Attention To China's New Anti-Corruption Laws

July 27, 2016

O'Melveny partner Ron Cheng authored the Forbes.com post, "Why US Companies Should Be Paying Attention To China's New Anti-Corruption Laws," published July 27, 2016. On July 20, 2016, the Supreme People’s Procuratorate held its 14th prosecutorial work meeting where it set forth its priorities for the next five years. Those include an emphasis, in light of high-profile investigations and prosecutions that include defendants Zhou Yongkang and Bo Xilai, on four major classes of corruption offenses.

“While the bulk of these efforts involve domestic officials and citizens, multinational companies often pay close attention to Chinese enforcement efforts, which, on occasion, have targeted those companies for alleged bribes to officials or companies in China,” he wrote in the article.