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China wealth guanxi jpmorgan fcpa corruption

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Washington flogs America’s megabank for abiding by China’s golden rule: cultivate guanxi.
China wealth guanxi jpmorgan fcpa corruption

A woman gets in her limo in Beijing. A key rule of doing business in China is to cultivate connections, or guanxi, but now JPMorgan is under scrutiny for allegedly hiring powerful officials' family members.

Guang Niu