Transparency International (TI) released its 2019 Corruption Perception Index (CPI) on 23 January 2020.
TI reports that the Asia Pacific region has not witnessed substantial progress in anti-corruption efforts. With a regional average CPI score of 45 after many consecutive years of an average of 44, TI considers that there is general stagnation across the region. Nevertheless, China’s global CPI ranking has improved by seven places while its CPI score improved by two points. In China, we continue to see active anti-corruption enforcement across different industries.
Our alert discusses some of the highlights of the 2019 CPI and what it means for companies doing business in China.