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Results tagged “supremepeoplescourt”
Wu-hoo! Billionaire tycoon Wu Ying's death penalty overturned

Wu-hoo! Billionaire tycoon Wu Ying's death penalty overturned

This week, the Chinese Supreme People's Court overturned the death sentence of 31-year-old Wu Ying, who was convicted of financial fraud in 2007. Wu, who had amassed a fortune of 3.6 billion RMB (US $567 million) by the time she was 25, allegedly cheated investors the Madoff-esque sum of nearly $60.2 million between the span of 2005-2007, and was sentenced to death in late 2009. more ›

Celebrity endorsements now under scrutiny of the law

Celebrity endorsements now under scrutiny of the law

So now not only are you not allowed to pose as a fake doctor (sadly killing off most expat men's chances of appearing on Chinese television), you're also not allowed to endorse a product without knowing if it actually works. A law that makes celebrities liable if their endorsed products turn out to be fake or dangerous has gone into affect today. According to the newest interpretation by the Supreme People's Court, “If these people know the nature of fake and inferior drugs but still help promote them, they will be dealt with as accomplices of producers and dealers of the products.” It doesn't really state how the courts plan on making sure celebrities knew their products were harmful before they started endorsing them, which calls into question how effective the law will actually be. Depending on how far the courts take this, it'll either have a chilling effect on celebrities appearing at all on ads, or everything will stay exactly the same. Source: China Daily more ›

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