In the news: GSK accused of corruption, Alibaba registers a film company and State Grid invests in hi-tech power networks

This week the police charged GlaxoSmithKline with corruption and bribery, Alibaba set up a film company in Hong Kong and State Grid spent billions on a nationwide power network

5 minute readMay 16, 2014 at 06:39 AM

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GSK under fire for corruption

Mark Reilly, a former executive of GlaxoSmithKline's China business, and two Chinese executives, Guowei Zhang and Hongyan Zhao, have been charged by the police with corruption, after an investigation found the company made billions from schemes to bribe doctors, hospitals and officials in the Beijing and Shanghai AICs.

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