Business
Chinese police question staff at US consultancy firm
Shanghai, April 27
US consultancy giant Bain & Company has confirmed that Chinese police have visited its office in Shanghai and questioned some staff.
"We are cooperating as appropriate with the Chinese authorities," a spokesperson for the firm told the BBC.
It comes as relations between Washington and Beijing have deteriorated in recent months.
Last month, another US firm Mintz was raided in Beijing and five local employees were detained.
"We can confirm that the Chinese authorities have questioned staff in our Shanghai office," Bain said. "At this time, we have no further comment," it added.
The company's statement came after a media report that police made an unannounced visit to Bain's office in the Chinese financial hub two week ago.
Officers took away computers and phones, according to the Financial Times, which cited people briefed on the matter.
According to the company's website, Bain's Shanghai office was opened in the city's central business district in 2004. It also has offices in Beijing and Hong Kong.
The global firm, which has its headquarters in Boston, provides advice to public, private, and non-profit organisations, the BBC reported.
As tensions have grown in recent months between the world's two largest economies, US businesses have become concerned about their prospects in China.
"The Chinese government has continuously said it welcomes foreign investment. However, a flurry of recent actions taken against US enterprises in China has sent the opposite message," Michael Hart, president of American Chamber of Commerce in China told the BBC.
"Our business community is spooked, and our members are asking, 'Who's next?' Irrespective of the government's intention, that's the message being received," he added.
11 minutes ago
Two children killed, woman injured in bomb attack in Manipur’s Bishnupur
12 minutes ago
AIADMK's Leema Rose tops list of TN‘s richest candidates with Rs 5,863 crore family wealth
12 minutes ago
Op Sindoor blow, global rebuff leave Asim Munir scrambling for narrative control
13 minutes ago
30 Indian fishermen repatriated from Sri Lanka, return journey underway
14 minutes ago
Air India CEO Campbell Wilson resigns amid turbulent times for airline
15 minutes ago
'Dash monae Revantha’, CM Vijayan’s quip sparks chuckles, raises eyebrows in political circles
15 minutes ago
Chandrababu Naidu thanks Prez Murmu, PM Modi after Amaravati gets statutory status as Andhra capital
16 minutes ago
India releases Rs 42.3 crore to Bhutan to support 13th Five-Year Plan projects
17 minutes ago
India-Japan MSME partnerships likely to drive next wave of growth: Report
18 minutes ago
PM Modi congratulates To Lam on his election as Vietnam's President
21 minutes ago
NRIs Rally Behind UDF at ‘Kudumba Sangamam’ in Kerala
23 minutes ago
Trump eyes Iran oil as war spoils
24 minutes ago
Iran's supreme leader condemns assassination of IRGC intelligence chief
