Global Courant 2023-04-27 08:07:26
SHANGHAI — Chinese authorities have questioned staff at Bain & Company’s Shanghai office, the US consulting giant said Thursday.
The Financial Times, which first reported the news on Wednesday, said multiple sources said police made a surprise visit to the office two weeks ago.
Bain, which provides strategy and management consulting services worldwide, confirmed that its employees were questioned in an emailed statement, but did not specify why.
“We are cooperating with the Chinese authorities where necessary,” it said. “At this time, we have no further comment.”
Phones and computers were taken, but no one was detained, FT said.
It added that the news fueled concerns among US companies operating in the country that Beijing could retaliate against them over Washington’s actions against Chinese companies.
In March, US due diligence firm Mintz Group said Chinese police had arrested five of its local employees and closed its Beijing office.
Authorities later said the company was being investigated for “illegal” activities.
A few days later, China’s top cybersecurity regulator said it was investigating leading US memory chipmaker Micron Technology and would review its products due to “national security concerns”. AFP
Chinese police question US consultancy giant
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