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China passes Law against Cross-Border Corruption

Beijing, Nov 6 (Prensa Latina) The Standing Committee of China's National People's Congress (NPC) approved a law to prevent and punish cross-border corruption and strengthen international cooperation in this field.

The text consists of six chapters and 47 articles, covering institutional mechanisms and responsibilities, case processing, international cooperation, integrity, regulatory compliance, and legal liabilities.

The legislation is aimed at preventing and penalizing corrupt conduct that crosses borders, deepen international cooperation against this phenomenon, and safeguard the country’s sovereignty, security, and development interests.

Official reports stated that it also seeks to contribute to developing a fairer and more reasonable global anti-corruption governance system.

China intends to close legal loopholes to pursue corruption linked to overseas operations, recover illicit assets, and tighten oversight of domestic companies that operate internationally.

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