Britain's Cameron defends GSK's business practices in China

[riky]

Britain's Cameron defends GSK's business practices in China

<p><a href="http://news.yahoo.com/britain-39-cameron-defends-gsk-39-business-practices-220355630--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/XYNoqsP0cbrw93eZ7RSa8A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-12-03T220320Z_1_CBRE9B21P9O00_RTROPTP_2_BRITAIN-CHINA-TRADE.JPG" width="130" height="86" alt="Britain's Prime Minister David Cameron stands before a painting before a signing ceremony at the Great Hall of the People in Beijing" align="left" title="Britain's Prime Minister David Cameron stands before a painting before a signing ceremony at the Great Hall of the People in Beijing" border="0" /></a>By Andrew Osborn and Ben Hirschler SHANGHAI (Reuters) - British Prime Minister David Cameron on Tuesday mounted a robust defense of GlaxoSmithKline's business practices in China - where it is being investigated for alleged bribery - calling the firm &quot;very decent&quot;. Cameron's intervention came a day after he raised GSK's situation with China's top leadership in a move one person familiar with the conversation said was designed to draw a line under the company's woes and ensure it was treated fairly. Cameron is on a trade promotion trip to China with around 100 executives, including GSK Chief Executive Andrew Witty, and is trying to help the firm grapple with the aftermath of accusations it funneled up to 3 billion yuan ($492 million) to travel agencies to facilitate bribes to boost its drug sales. The claims are the most serious against a multinational in China in years.</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login