China Law & Practice

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Companies cutting costs but increasing risks

A new survey reveals that almost all businesses in China have recently experienced fraud

Issue: November 2009

Keywords (click to search): risk fraud employment

I wrote in July, there are risks in China and business needs to accept that. Of course, China is not unique in that fact, but it seems reasonable that a country which makes international headlines daily for its record-breaking economic growth and development should require particularly close examination.

If the figures in the latest survey conducted by The Economist Intelligence Unit for risk specialists Kroll are to be believed (and there’s...

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