China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Wooing China’s Princelings
It is premature to conclude that JPMorgan Chase violated US law by employing children of senior Chinese officials. Nonetheless, the case highlights a broader and more troubling trend: the wooing of China’s "princelings" by Western universities and businesses in order to advance their interests in the burgeoning Chinese market.
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