Lucent’s possible violation of US law highlights China risks


  • Business
  • Thursday, 08 Apr 2004

BEIJING: Revelations that Lucent Technologies Inc's senior executives in China may have violated US law banning the payment of bribes overseas is unlikely to be an isolated case in a country where corruption is common despite government campaigns to stamp it out, analysts said. 

It is common for companies bidding for business in China to offer all kinds of financial incentives to potential customers, including foreign education for senior executives' children, gifts of residential property or a car or paid overseas travel. 

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