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Published on: 21. October 2024

Corruption: High-ranking ex-banker sentenced to twelve years in prison

(120229) -- GUANGZHOU, Feb. 29, 2012 (Xinhua) -- Journalists wait outside the Higher People s Court of Guangdong Province in Guangzhou, capital of south China s Guangdong Province, Feb. 29, 2012. The Higher People s Court of south China s Guangdong Province concluded the court hearing of iPad trademark case Wednesday afternoon without settlement after about six-hour s fierce defence. The court will pass judgement on the case another day. Both sides didn t refuse to reach a compromise while the court asked. Apple has plunged into several legal battles in China and appealed to the provincial higher court after it lost a case to Proview Shenzhen in December 2011. Proview Shenzhen and U.S. technology giant Apple have been tangled in a lengthy dispute over the rights to use the iPad trademark in China. Proview Shenzhen is a subsidiary of the Hong Kong-headquartered Proview I PUBLICATIONxNOTxINxCHN
Corruption remains a large problem in China. The former Vice President of the China Development Bank has been imprisoned for years for his actions.

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Last updated: 24. July 2025
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