Bad Pharma in China
One of the world's biggest pharmaceutical companies is caught up in what Chinese authorities say was a half-billion-dollar cash and sexual favours bribery scandal.
One of the world's biggest pharmaceutical companies is caught up in what Chinese authorities say was a half-billion-dollar cash and sexual favours bribery scandal. On Business Daily today we discovering what has been alleged was going on and what it tells us about corruption in China. Cracking down on corruption is a key priority for the new Chinese president Xi Jingping but how do you drive corrupt practises out of your company - or your country - once they've taken root?
Plus, we speak to the man they call the 'Steve Jobs of the yoghurt world'. Hamdi Ulukaya sold his first pot of yoghurt in 2007. Last year sales reached almost a billion dollars. We'll be discovering how he transformed one of the most established consumer markets with one of the most ancient products in the world.
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- Tue 23 Jul 2013 07:32GMTΒι¶ΉΤΌΕΔ World Service Online
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Business Daily
The daily drama of money and work from the Βι¶ΉΤΌΕΔ.