| In the era of economic globalization, multinational companies play importantroles in promoting international economic and technological cooperation andexchange, challenging international production flow and maturation of trade rules,becoming the most competitive body in world markets. However, in the process ofpioneering foreign markets so much commercial bribery comes out, damaging the faircompetition order. As a result, international commercial bribery has been proposed asa new topic under the back ground of globalization.Multinational business bribes distort fair international economic order, hinderedthe normal allocation of resources of international market, accelerated the domesticcorruption status of host country and as well as seriously affected the country’sreputation in the market. Therefore, the research of international legal regulation intransnational commercial bribery is particularly important. At present, there exist lotsof international treaties on transnational commercial bribery law, including domesticlaws, bilateral treaties and multilateral treaties, regional ones as well as the UnitedNations treaty.China approved the United Nations Convention against Corruption in October2005. Our Criminal Law and Anti-Unfair Competition Law contains provisions aboutanti-corruption, but no concerns on transnational bribery. There are so many foreigncompanies operating within our boundary and we should intensify legislation togovern the behavior of those corporations as well we to protect our interests. |
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