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Ethics of paying for a foreign CEOs vacation to get business

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You are a banker in the US trying to get a new client from overseas to invest his millions with you. You offer to provide the CEO an all expense paid trip to Las Vegas for a few days and to see a sold out concert you know the CEO wishes to see. Is this ethical behavior?

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It is ethical behavior, as long as you didn't commit any illegal acts in doing so. For example, the concert is sold out. How did you get the tickets? If you got the tickets by winning them, buying them at a higher price because the concert is sold out, or because you had already purchased them for yourself, then yes, it is ethical. If you acquired the ticket by some illegal means because the concert is sold out, then ...

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This solution discusses the following scenario:

You are a banker in the US trying to get a new client from overseas to invest his millions with you. You offer to provide the CEO an all expense paid trip to Las Vegas for a few days and to see a sold out concert you know the CEO wishes to see. Is this ethical behavior?

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Extract from Guide to Doing Business in China
China Business Etiquette

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