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In the same vein, for those in the USA trying to do business elsewhere, please be aware of the Foreign Corrupt Practices Act [1]. There is no upside to breaking
by gjkood 10y ago
In the same vein, for those in the USA trying to do business elsewhere, please be aware of the Foreign Corrupt Practices Act [1]. There is no upside to breaking those rules.
Sean, my Mandarin/Chinese is at below beginner's level. My google translate of your phrase is 'no way'. Was that what you were saying?
1. https://www.justice.gov/criminal-fraud/foreign-corrupt-practices-act https://www.justice.gov/criminal-fraud/foreign-corrupt-pract...
- seanmcdirmid 10y agoYes, 没办法 just means "what you want to do is impossible, though (often implied) should be possible." FCPA applies not just to Americans, but anyone who does business in the USA, so even non Americans can be caught up in it, and many developed countries have their own versions of it. I don't think bribes fly around so easily these days. At least nothing overt, though the Chinese partner they thrust on you is often just a backdoor bribe that looks legit on paper.