In the news: China probes GE, Royal Philips and Siemens, police raid Uber's office and the domestic bond market opens up to foreigners

This week China investigated foreign medical device companies on bribery suspicions, police raided Uber's Guangzhou office and several foreign institutions were approved to invest in China's US$5.9 trillion bond market

4 minute readMay 05, 2015 at 05:30 AM

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China said to probe medical device firms for bribery

China is probing foreign medical equipment makers over suspicion that they may have paid bribes or used illegal means to achieve market dominance, a source told Bloomberg.

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