Einar Tangen, a political analyst and investment banker who advises the Chinese government on economic and development issues, said within China the charges are seen as "a tactical ploy" by Trump amid the trade dispute between the world's two largest economies.
The settlements, to resolve both criminal and civil charges, have faced withering criticism from academics, federal judges and other advocates of reform. But U.S.-inspired leniency deals are spreading around the world, according to an investigation by the International Consortium of Investigative Journalists and media partners in 11 countries.
Huawei denies wrongdoing as US slaps it with charges
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Under deferred prosecution agreements, prosecutors typically charge the offending company with a crime but agree to drop the charges in exchange for the payment of fines, cooperation and corporate reforms. Sometimes a subsidiary is allowed to plead guilty, allowing the parent company to escape the stigma of a felony conviction.
The globalization of corporate leniency deals took off in 2008 when Germany, staggering under a cascade of corruption scandals, teamed up with the U.S. Justice Department to settle bribery charges with Siemens AG. Prosecutors accused the German engineering giant of using slush funds and shell companies to hide 4,000 bribes, totaling $1.4 billion, to win contracts on five continents. 2ff7e9595c
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