China Detains U.S. Due Diligence Firm's Employees and Raids Office

1 min read
Source: The New York Times
China Detains U.S. Due Diligence Firm's Employees and Raids Office
Photo: The New York Times
TL;DR Summary

The Mintz Group, a US-based corporate investigations firm, has said that Chinese authorities raided its Beijing office and detained all five of its Chinese employees. The company has not been able to contact the employees since they were taken away. It is unclear what the authorities’ objectives were in investigating the company, and the government did not respond to a request for comment. The move highlights the potential risks that firms involved in due diligence face in China as Xi Jinping, the country’s top leader, has repeatedly called for a greater emphasis on security and has tightened the ruling Communist Party’s grip on information.

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