Tag: Philips N.V.

Bribes and Backdoor Deals Help Foreign Firms Sell to China’s Hospitals

BEIJING — A trip to the sauna. A golf club membership. Luxury watches. Neatly packed bricks of red Chinese bills worth $220,000. The bribes lined the pockets of health care officials across China. Their purpose: to get public hospitals to buy millions of dollars’ worth of sophisticated medical equipment made by foreign companies like General […]

Read More