Cross-border bribery

By criminalizing bribing foreign officials, the eighth amendment to the country's Criminal Law provided a long overdue boost to our, and to a large extent the world's, fight against corruption.

The amendment is overdue because China has been an official signatory of the United Nations Convention against Corruption since the National People's Congress ratified it in 2005 - the government actually signed it in 2003, the year the document was drafted.

But, as we have said time and time again, better late than never, especially when it comes to precautions against corruption.