Luxury goods maker LVMH said in July that its sales of cognac , handbags and watches had all taken a hit amid challenging business conditions following China 's anti-corruption drive . Kick-backs in China are known colloquially as `` tea money '' in a country where paying bribes is widespread . The Chinese government has been cracking down on corruption and kickbacks, but the problem goes far beyond just one country. Transparency International says the country 's poor showing may actually be a sign of improvement .
Kick-backs in China are known colloquially as `` tea money '' in a country where paying bribes is widespread . The Chinese government has been cracking down on corruption and kickbacks, but the problem goes far beyond just one country. Transparency International says the country 's poor showing may actually be a sign of improvement .