Chinese authorities target US consulting firm Bain in Shanghai crackdown.
TL;DR
Chinese authorities visited the Shanghai offices of Bain & Company to question its employees, marking the latest official scrutiny of a prominent American business in China. The questioning came less than a month after the authorities detained five Chinese nationals working in Beijing for the Mintz Group, an American consulting company. The raid on Bain’s operations in Shanghai is the latest sign of the strained economic relationship between the U.S. and China. Multinationals typically share sensitive information with advisory firms under confidentiality agreements that require the clients to be notified if any of their data is compromised.
Topics:nationbusiness#bain-and-company#business#china#consulting-firms#due-diligence#us-china-relations
- U.S. Consulting Firm Is the Latest Target of a Chinese Crackdown The New York Times
- Chinese police question employees at Bain's Shanghai office Financial Times
- Chinese police question staff at Bain's Shanghai office CNN
- Chinese police question staff of US consulting firm Bain Al Jazeera English
- Chinese Authorities Question Staff at Bain's Shanghai Office Bloomberg
Want the full story? Read the original reporting
Read on The New York Times