Business
EU’s Southeast Asia push hits funding crunch as China widens lead
By Marcus Chen
New anti-corruption law arms Beijing with expansive global enforcement powers
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN
Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.
More from Marcus →Managing Editor · Friday, November 6, 2026 at 6:57 AM · 1 min read
China’s top legislature passed on Friday a landmark law targeting cross-border corruption, equipping Beijing with expansive new tools to pursue illicit offshore assets while countering foreign attempts to investigate wrongdoing in China. The Anti-Cross-Border Corruption Law was approved at the close of the 25th session of the 14th National People’s Congress Standing Committee (NPCSC) and took effect immediately, according to the state news agency Xinhua. The statute establishes formal mechanisms...
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