Enterprises which commit certain illegal activities, including commercial bribery offences, can be added to a blacklist published in the Enterprise Credit Information Publicity System provided by the SAIC.
Our previous article discussed China’s draft amendments to the PRC Criminal Law (“the First Draft”) which introduced a stricter anti-graft regime and tougher sanctions for those involved in corrupt activities. The NPC Standing Committee has recently released the second draft amendments to the PRC Criminal Law (“the Second Draft”) for…