The U.S. Securities and Exchange Commission has charged the now-defunct China-based advertising company, China MediaExpress, with fraud and misleading investors. The company and its CEO, Zheng Cheng, are accused of massively overstating values of cash balances to the SEC by up to 40,000 percent.
Entries in China Bundle (8)
Within Zhejiang, one of China’s most prosperous provinces, some towns report that spiking cancer rates linked to water pollution have destroyed locals’ way of life.
The Gansu Higher People’s Court recently rejected the appeal of former Gansu Province Land and Resources Bureau deputy director Zhang Guohua against his life sentence.
As China reels under a cascade of stunning property-related corruption scandals, several local governments are placing restrictions on the availability of housing ownership information.
Of the 30,315 officials punished in China for corruption last year, 95 percent were found to have had mistresses, according to a recent study out of Renmin University's Crisis Management Research Center.
In the first half of 2012, China overtook the United States for the first time since 2003 to become the world’s leader in inflow of foreign direct investment (FDI).
Don't miss the chance -- available for a limited time -- to have three of the world's greatest products for anti-corruption compliance in China.
People’s Bank of China and China’s Ministry of Commerce have issued regulations effective October 31 that place restrictions on the anonymity of pre-paid gift card purchasers and users.