Replies to post #29658 on The Rising Influence of Rising Affluence

[DewDiligence]

China detains WF executive for no stated reason:

https://www.wsj.com/world/china/wells-fargo-banker-china-89824413

We’ve seen this movie before.

[DewDiligence]

China indicts AZN subsidiary and_former executive on variety of charges:

https://www.fiercepharma.com/pharma/china-indicts-astrazeneca-and-former-exec-leon-wang-over-data-trade-charges

Chinese prosecutors have brought formal charges against AstraZeneca and its former executives following investigations into alleged illegal patient data collection and importation of drugs.

The prosecutor in the southern Chinese city of Shenzhen has indicted an AstraZeneca subsidiary in China, a former executive vice president, and another former senior employee, according to AZ. … The two former execs also face additional charges of medical insurance fraud, according to the company.

The case has been consolidated into one proceeding, with no trial date set yet…

The former head of AZN operations in China, who was detained in 2024 (#msg-175353326), is one of the indicted.