written on 16.05.2014

Xinhua: Multinationals, beware–or end up like Glaxo


"Ethics matter" in China–and it's time for multinationals to take note, according to the country's official news agency. With a reputation-tarnishing scandal, dented China sales and a former top exec facing up to a lifetime in prison, GlaxoSmithKline's tale should serve as a prime example of what can happen if they don't.