Report: Qualcomm paid $975,000 to China anti-trust official for ‘consulting fees’
Richard L. Cassin
August 18, 2014
China’s State Council has fired one of its senior advisors for allegedly helping Qualcomm Inc. in an anti-trust probe in exchange for $975,000 in consulting fees.
Zhang Xinzhu (pictured), a researcher at the Chinese Academy of Social Sciences and an advisor to the State Council’s Anti-Monopoly Commission, was fired on August 12 for “violating work discipline,” according to a report Monday by the China Compliance Digest.… Continue Reading