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China Corruption News. Service for global professionals. Constantly updated news and information about China.
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Latest China Corruption News

  • Former Indonesian President Remembered as Advocate for Tolerance, Democracy 31 Dec 2009 21:00 GMT
    ... Former Indonesian President Remembered as Advocate for Tolerance, ... are praised now for being, ... the anti-corruption going on stream, the military which is ... back seat into politics, the notion that Chinese and other minorities are equal, their holidays being ...

  • UTStarcom pays $3 million to settle bribery charges with Justice Department, SEC 31 Dec 2009 20:56 GMT
    ... bribed employees of state-owned telecommunications companies in China, the U.S. Justice Department said Thursday. The ... has acknowledged that it violated the Foreign Corrupt Practices Act, a 1977 law that prohibits ... agency says UTStarcom paid for employees at Chinese telecom companies to visit popular tourist destinations in ...

  • UTStarcom agrees to pay $3M in fines to SEC, Justice 31 Dec 2009 20:55 GMT
    ... it bribed workers at state-owned firms in China. Alameda-based UTStarcom agreed to pay a $1.5 ... to settle charges it violated the Foreign Corrupt Practices Act. Separately, UTStarcom also agreed to ... hundreds of overseas trips by employees of Chinese government-controlled telecommunications companies who were customers of the ...

  • Rogue Commissioner: The NBA's David Stern 31 Dec 2009 20:51 GMT
    ... neither equipped nor anxious to reveal any corruption in his ranks. An investigation by the ... Australia, other European entities as well as China in the sports betting business, many in the ...

  • UTStarcom to Pay Fine for China Bribery 31 Dec 2009 20:37 GMT
    ... ...

  • Top Nine Snoozes of the Lamestream Media in 2009 31 Dec 2009 20:34 GMT
    ... Council, who thinks the communist thugs in China were “overly cautious” in their slaughter of ... “overly cautious” in their slaughter of freedom-seeking Chinese citizens in the . He also doesn't have ... media. Â They can cover up government corruption and incompetence, ignore facts and reality, and ...

  • Top 50 Articles of 2009 31 Dec 2009 20:34 GMT
    ... for a probe into the global warming fraud emails and documents which came to light ... House Communications Director Anita Dunn praising the Chinese communist thug Mao Tse Tung, credited with ... Tse Tung, credited with ending freedom in China and killing somewhere in the neighborhood of ...

  • China Mobile exec stripped of posts 31 Dec 2009 20:32 GMT
    ... : A senior executive of telecoms giant China Mobile has been stripped of his positions due ... the authorities to refer to cases of corruption. The company said the investigation of Zhang ...

  • American Uncertainty in 2010 31 Dec 2009 20:32 GMT
    ... dealers. However he extended hands to the corrupted Afghani government that came to power after ... more decisive about the Middle East, Russia, China and the economy the roles of the Vice ...

  • Telecom firm fined for foreign bribery 31 Dec 2009 20:30 GMT
    ... $1.5 million penalty for acts of foreign bribery, the Justice Department said Thursday. UTStarcom, with ... Calif., acknowledged in the agreement that its Chinese subsidiary arranged and paid for trips by ... said in a release. The agreement said UTS-China falsely expensed the trips as "training" when ...

  • Africa Yes we can but only if we are United 31 Dec 2009 20:30 GMT
    ... its oil needs must come from Africa. China too wants Africa's oil. India wants it and ... continent of the absolute dictators and their corrupt machinery which for so long a time ...

  • US telecom company fined for bribing Chinese officials 31 Dec 2009 20:25 GMT
    ... a 1.5-million-dollar fine for violating the Foreign Corrupt Practices Act by providing "travel and other ... things of value" to employees of state-owned Chinese telecom firms. The Securities and Exchange Commission (SEC) ... equipment and handsets and does business in China through its wholly-owned subsidiary UTStarcom China Co. ...

  • China Mobile exec stripped of posts: company 31 Dec 2009 20:23 GMT
    ... – A senior executive of telecoms giant China Mobile has been stripped of his positions due ... the authorities to refer to cases of corruption. The company said the investigation of Zhang ...

  • Mongolia: a democratic breakthrough? 31 Dec 2009 20:21 GMT
    ... democratic reform. But while its mighty neighbors China and Russia are allowing authoritarian tendencies to ... As a Washington Post correspondent based in Beijing in January 1990, I was astonished to ... Moscow, Mongolia’s communist authorities ruled out a “Chinese solution” to political dissent, a reference to ...

  • UTStarcom Inc. Agrees to Pay $1.5 Million Penalty for Acts of Foreign Bribery in China (PRN) 31 Dec 2009 19:53 GMT
    ... ...


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Quote of the Day

"2010 will be a key year to solidify the economic recovery and overcome the international financial crisis."
— Chinese central bank Governor Zhou Xiaochuan

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8269
EUR 1 = CNY 9.8277

Hong Kong Dollar:
USD 1 = HKD 7.7550
EUR 1 = HKD 11.1638

Macau Pataca:
USD 1 = MOP 7.9878
EUR 1 = MOP 11.4988

Taiwan Dollar:
USD 1 = TWD 31.9850
EUR 1 = TWD 46.0440

USD 1 = EUR 0.6947
EUR 1 = USD 1.4395

Closing Stocks:
Shanghai A: 3,437.46(0.44%)
Shenzhen A: 1,261.26(0.61%)
Hang Seng: 21,872.50(1.75%)
Taiwan Taiex: 8,188.11(0.93%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Dec. 31

Taiwanese diplomats stroke their colors for the final time from the embassy flagpole in Washington, marking the end of diplomatic relations with the US.
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